EnKash Wallet Service
About EnKash Wallet
Key Features
Wallet Creation Purpose
Create digital wallets for end-users to store and use funds. Types Small PPI Wallet Limit: ₹10,000 monthly balance Minimum KYC (OTP-based mobile verification) Ideal for low-value transactions Full-KYC PPI Wallet Limit: ₹2,00,000 monthly balance Full KYC via Aadhaar, PAN, video/selfie Supports UPI, IMPS, and higher limits Process Users register via partner platform (using mobile number). Complete minimum or full KYC as required. Receive unique wallet ID linked to mobile number & partner platform. Validity Minimum one year from last load/reload. Post-expiry: 10% monthly balance reduction until fully depleted.
Create digital wallets for end-users to store and use funds.
Wallet Loading & ReloadingSupported Methods: Bank Transfers (NEFT/RTGS/IMPS) Debit/Credit Cards UPI (full-KYC wallets only) Cash (small PPI wallets at authorized outlets, as per RBI norms) Limits: Small PPI: ₹10,000 monthly Full-KYC PPI: ₹2,00,000 monthly Security:
PCI DSS-compliant payment gateways & end-to-end encryption. Process: User initiates load/reload via app or web. Funds credited instantly post successful payment verification.
PCI DSS-compliant payment gateways & end-to-end encryption.
UPI SupportAvailable for: Full-KYC wallets only. Capabilities: Generate unique VPA (e.g. user@enkash) for each wallet. Make/receive payments via UPI apps (Google Pay, PhonePe, Paytm etc.). QR code-based merchant payments. Limits: Standard: ₹1,00,000 per transaction. Enhanced: ₹2,00,000 for specific segments (collections, insurance) per NPCI rules. Interoperability:
Fully compliant with RBI’s PPI interoperability mandates, allowing payments across all UPI platforms.
Fully compliant with RBI’s PPI interoperability mandates, allowing payments across all UPI platforms.
IMPS Bank TransfersPurpose:
Enable instant transfers from full-KYC wallets to bank accounts. Features: Available 24x7, including holidays. Transfer using account + IFSC or IMPS-registered mobile number. Real-time credit to beneficiary account. Limits:
Governed by full-KYC wallet cap (₹2,00,000/month) and bank-specific IMPS rules. Security:
UPI PIN or equivalent 2FA, with encrypted processing.
Enable instant transfers from full-KYC wallets to bank accounts.
Governed by full-KYC wallet cap (₹2,00,000/month) and bank-specific IMPS rules.
UPI PIN or equivalent 2FA, with encrypted processing.
Additional FeaturesTransaction Tracking:
Real-time transaction history and balances via partner dashboard or APIs. Merchant Payments:
Pay at EnKash-contracted merchants for goods/services or bill payments. Corporate Solutions: Employee expense management Vendor payments Rewards & incentives programs Security & Compliance: PCI DSS compliance, tokenization, real-time fraud detection Instant wallet freeze/block via API or support Note:
As a semi-closed PPI, cash withdrawals are not permitted, per RBI regulations.
Real-time transaction history and balances via partner dashboard or APIs.
Pay at EnKash-contracted merchants for goods/services or bill payments.
As a semi-closed PPI, cash withdrawals are not permitted, per RBI regulations.
Partner Benefits
Seamlessly integrate digital wallets with UPI & IMPS.
Earn on transactions and loading fees (where applicable).
From startups to large enterprises.
EnKash handles end-to-end RBI compliance.
Reach unbanked & underbanked users via small PPI wallets.
Integration Guide
Integration Options
Option | Use Case |
---|---|
API Integration | Full custom control for websites & apps. |
SDKs | Quick mobile integrations (Android, iOS, Node.js, Python, Java). |
Payment Links | Easy wallet loads or merchant collections, minimal code. |
QR Codes | Fast setup for UPI payments in-store or online. |
Modified at 2025-07-08 17:29:01