With Flux mandate processing, Equitas is independently handling mandate management, payments, loan processing and other financials. Evolvus ported all data into the Flux system with 100% fidelity from the third-party systems. For more details visit our site: https://www.evolvussolutions.com ​

1. CASE STUDY
Client Snapshot
www.evolvussolutions.com
Equitas' award winning transformation by leveraging
Future ready NACH solutions
Flux application enables Equitas to efficiently manage mandate management and
payments processing.
Business opportunity
Solution highlights
In 2015, RBI granted Equitas in-principle-license to upgrade
itself to a Small Finance Bank. With a total Assets Under
Management reaching over 3000 crores, the company was
looking for an efficient payment processing system that can
handle the continuous flow of messages and responses. Flux
payment solutions delivers an enterprise infrastructure for
banks to control and deliver payment solutions across diverse
channels.
With Flux mandate processing, Equitas is independently
handling mandate management, payments, loan processing
and other financials. Evolvus ported all data into the Flux
system with 100% fidelity from the third-party systems.
Founded in
2007
412
branches
Presence in
11
Indian States
Integration with MADP devices for
faster mandate collections resulting
in zero-time lag for customers
Mobile platform integration with
Flux using RESTful APIs for
remote paper mandate capture.
Host-to-Host interfacing
with NPCI
Porting mandates from existing
sponsor bank to Equitas Flux
systems
with 100% accuracy
End-to-end automation for
mandate management.
Customization to enable to
stop payment on the mandate
Enabling the Aadhaar Payment
Bridge credit for Aadhaar
linked payments.
Integrated account posting
with Oracle Flexcube CBS with
GEFU file system to handle
high volume of transactions.
Mandate status visualization
through user friendly dashboards.

2. www.evolvussolutions.com
www.evolvussolutions.com
USA
Phone : +1 (201) 993 5327 | Email : payments@evolvus.us
India
No.15-16,10th Floor, Vayudooth Chambers, Mahatma Gandhi Road, Bangalore,
Karnataka, India 560 001. Phone : +91 80 4662 4545 | Email : info@evolvussolutions.com
UAE
Unit No: 2901 HDS Business Center, Plot No: JLT-PH1-M1A Jumeirah Lakes Towers Dubai UAE
Phone : +971 561 366 821 | Email: info@evolvussolutions.com
Benefits
delivered
End-to-end
automation
Visible
returns
R
o
b
u
s
t
s
y
s
t
e
m
s
100% 100%
80%
savings in manpower
60%
cost savings realized
Fastest go-live in
15 days
efficiency
Scalability to
1 million
plus mandates per day
Zero issues reported till date
Future integration
capabilities
decline in
mandate rejection