Corporate Internet Banking

Merchant Payments by Corporates

What is a Merchant Payment Limit?

Merchant Payment Limit is merely a pre-authorization of payment limit where the Corporate can set a limit by pre-approving it for the purpose making payment to any Merchant (Utility bills/taxes) in a single session. Actual payment can take place only if sufficient balance is available in the account.

By creating a Merchant Payment Limit for a merchant, payments of utility bills/taxes can be made to that merchant in a single session up to the balance available in the Merchant Payment Limit. Since the limit is already pre-approved by the authorizer, there will be no need for multiple users to login and authorize the merchant transactions. The authorizer can make the payment directly in a single step by visiting the merchant website.

Merchant Payments by Corporates are now easier than ever. Follow the 3 simple steps for making your payment

  1. Administrator has to add the merchant in "Manage Vendors > Manage Merchant > Enable Merchant"
  2. Corporate User has to create the Merchant Payment Limit in "Merchant Limit > Create Merchant Limit" using any one of the accounts mapped to him/her.
  3. The Authorizer for that account has to authorize the Merchant Payment Limit within 7 days in "Merchant Limit > Authorize Inbox".
    The Authorizer has to be different from the user who has created the Merchant Payment Limit.

The Merchant Payment Limit is Valid only for 48 hours for making payment. You can create a new limit after the old one has expired.

Now the Authorizer can go to the Merchant Site and make the payment directly.

Government Tax Payments can be made with or without creation of Merchant Payment Limit. There is no need for the Administrator to add Government as a Merchant. Corporate user can create the Merchant Payment Limit and the Authorizer has to authorize the same. While getting redirected from the Government site you may choose to pay either through:

  1. Merchant Pre-approved limit available for Corporate user (Authorizer) OR
  2. Pay without using your Merchant Pre-Approved limit by directly selecting your Debit Account.

Choose your option and make your payment.


View the list of Merchants available for making online payment