easykisht.com

What It Is

EasyKisht is a fully automated credit collection and payment recovery app designed for Indian micro, small, and medium enterprises (MSMEs). It helps merchants selling goods or services on credit set up electronic mandates, enabling automatic debits from customers’ bank accounts on the due date—removing the hassle and awkwardness of manual follow-ups.

Core Analysis

• Service Type: Focuses on automated collection for installment payments and credit sales in B2B and B2C scenarios, offering e-Mandate creation, management, and credit history tracking.
• Supported Payment Methods: Deeply integrated with India’s domestic payment infrastructure. Built on NPCI rails, it supports NACH/ECS debits and UPI 2.0 Autopay, with customers able to authorize payments via net banking or debit card.
• Countries/Regions Covered: India only.
• Compliance and Licensing: Has a well-developed compliance framework, operates under RBI supervision, and follows KYC/AML/CFT guidelines as well as the Payment and Settlement Systems Act. It also holds PCI DSS certification to protect card data and funds.
• Risk Control Capabilities: Uses NPCI’s three-layer protection architecture. It enforces strict merchant KYC onboarding; if a merchant has not completed KYC, settlements may be suspended or even refunded to the original source, helping mitigate money laundering and compliance risks.
• API and Integration: Its terms of service mention API keys and API calls, suggesting support for system-level integration, but the official website does not publicly provide detailed API documentation.

Pricing

The official website does not disclose any rates, transaction fees, or settlement timelines. Businesses need to contact sales or register to obtain this information.

Pros and Cons

Pros: Automated collection significantly reduces labor and communication costs; secure and reliable thanks to NPCI infrastructure; very simple authorization flow, including one-click link sharing via WhatsApp; strong compliance standards.
Cons: Limited to the Indian market; key pricing and settlement information is highly opaque; the business model depends heavily on customers completing authorization; incomplete KYC may result in funds being frozen or returned.

Who It’s For

Best suited for merchants operating in India that deal with installment collections or recurring credit-sale repayments, such as electronics retailers, telecom service providers, and B2B traders.

Access from China

Network accessibility is unknown. Since its payment system is entirely based on India’s domestic infrastructure, namely NACH/UPI, Chinese users cannot use it directly for cross-border payments. For similar recurring debit capabilities, consider the Subscription features offered by Indian payment aggregators such as Razorpay or Cashfree.