Auto-Reconcile with Smart Collect Accounts

Assign unique virtual accounts to each customer or invoice. IndiConnect automates your payment collection account process—ensuring accurate mapping and effortless reconciliation at scale.

Secured by :

Indiconnect secure payment certified Indiconnect PCI DSS certified for online transactions
IndiConnect Collect Account Solutions for SMEs
How It Works

Few Easy Steps to Create a Collect Account

Each collect account helps streamline reconciliation, minimizing delays or mismatches.
You’ll always know which payment collection account received which transfer.

Register for Collect Account Services

Log in to your IndiConnect dashboard

Collect Account Dashboard Example

Click “Create New Collect Account” under Virtual Account Setup

Continue Collect Account Setup

Assign to Customer, Project, or Invoice

Automated Payment Collection for SMEs

Monitor your payment collection account with real-time data

IndiConnect Collect Account Platform

Features of IndiConnect
Collect Account

Automate, scale, and secure your collect account infrastructure and payment collection account workflows—without complexity.

Indiconnect Collect Account Feature - Virtual Account Setup in Seconds
Virtual Account Setup in Seconds

Instantly generate a collect account for each customer or transaction

Indiconnect Collect Account Feature - Auto Reconciliation
Auto Reconciliation

Our virtual account collection system matches payments automatically, minimizing errors

Indiconnect Collect Account Feature - Real-Time Alerts
Real-Time Alerts

Get notified for every successful credit in your payment collection account

Indiconnect Collect Account Feature - No Manual Entry
No Manual Entry

Your team can skip spreadsheets and focus on growth

Indiconnect Collect Account Feature - Multi-Mode Support
Multi-Mode Support

Accept payments via IMPS, NEFT, RTGS, and UPI

Indiconnect Collect Account Feature - Business Account Aggregation
Business Account Aggregation

Manage all collect accounts and inflows from a single dashboard

Indiconnect Collect Account Feature - Secure Processing
Secure Processing

Encrypted, compliant, and linked with RBI-regulated partner banks

Seamless Tracking

View every transaction’s status across your virtual account collection network

Businesses We Support

IndiConnect’s virtual account collection and collect account tools are ideal for:
Indiconnect Virtual Account Supports Subscription Platforms

Subscription Platforms

Indiconnect Virtual Account Supports EdTech & Coaching Institutes

EdTech & Coaching Institutes

Indiconnect Virtual Account Supports Lending & Microfinance Firms

Lending & Microfinance Firms

Indiconnect Virtual Account Supports Property & Rent Management Startups

Property & Rent Management Startups

Indiconnect Virtual Account Supports NGOs & Donation Platforms

NGOs & Donation Platforms

Indiconnect Virtual Account Supports B2B Commerce Portals

B2B Commerce Portals

Indiconnect Virtual Account Supports Franchise & Logistics Chains

Franchise & Logistics Chains

Indiconnect Virtual Account Supports Utility Service Collectors

Utility Service Collectors

If your model includes recurring, split, or bulk payments — a collect account and payment collection account setup simplifies it all.

Accept Payments with Collect Account
Collect Account API for Developers

Hassle-Free Developer Integration

Built for performance and scale:

Indiconnect Collect Account Developer Feature 1 - REST APIs

REST APIs to dynamically generate collect accounts

Indiconnect Collect Account Developer Feature 2 - Webhook alerts

Webhook alerts for credit notifications and auto reconciliation

Indiconnect Collect Account Developer Feature 3 - Integration with ERP, CRM, or Accounting Tools

Seamless integration with your ERP, CRM, or accounting tools

Indiconnect Collect Account Developer Feature 4 - SDKs and Pre-Built Modules

SDKs and pre-built modules for common platforms

Indiconnect Collect Account Developer Feature 5  - Enterprise-grade infrastructure

Enterprise-grade infrastructure to scale virtual account collection as you grow

With IndiConnect’s business account aggregation and payment collection account system, you save time, reduce errors, and simplify audits.
Seamless Money Movement with Indiconnect Collect Account

Stop chasing manual entries

Let IndiConnect handle your virtual account collection and collect account automation from day one.

Key Advantage of Indiconnect Collect Account - Works at any scale

Works at any scale

Instant payment mapping

Instant payment mapping

Secure, smart, and seamless

Secure, smart, and seamless

Got Questions?

We've Got Answers

What is a collect account in payment processing?

A collect account is a virtual bank account created for each customer or payment use-case to simplify tracking and reconciliation. It directly links to a payment collection account in your dashboard.

Can I use multiple collect accounts simultaneously?

Yes. Our platform supports bulk virtual account collection and management across your customer base, with each tied to a unique payment collection account

What payment modes are supported?

IMPS, NEFT, RTGS, UPI — all routed into your assigned collect account and payment collection account.

Is this secure and regulated?

Absolutely. We partner with regulated banks and offer full encryption for all payment collection account. activities.

Can I automate account creation?

Yes, using our APIs, you can auto-generate collect accounts for each transaction, customer, or invoice—automatically tracked in your payment collection account.