Get the power of a modern business current account that works along with your existing bank account & accounting systems
Request or Initiate Payments
Request payments or Initiate payouts from your Open account via built-in invoicing, payment link or bulk payout/request tool.
Pay & Get paid
Move money quickly and seamlessly using multiple payment methods. Pay yourself, your vendors and others 100% digitally.
Track payments and reconcile your receivables and payables automatically
Get paid faster from clientsReceiving and processing payments made easy. We remove the need for tedious and error-prone manual reconciliation. With Open we help you collect payments using bank transfer, card payments, Cheque and automatically reconcile the transactions with your invoices.
Accept Bank TransfersGet paid from customers using Instant Accounts - a unique bank account number with IFSC code generated for each of your clients for receiving payments through NEFT / RTGS or IMPS bank transfer
Online & recurring paymentsCollect payments using Debit card, Credit cards, Netbanking or UPI. Enable recurring payments using Aadhaar based emandate for auto-debiting your customers bank account
Reconcile your account payablesGet detailed analytics, reports and insights on to your receivables and sync with your accounting/ERP systems for seamless reconcillation.Instantly withdraw money from your Open account to your linked bank accounts.
Pay outs made easySee the end of batch files and manually setting up payments. Instead, easily automate your disbursements, supplier payments and payroll while paying out rapidly, all powered by Faster Payments.
into your applications
Integrate banking into your business workflowsOur API Driven platform lets developers easily integrate banking & payments into their applications or accounting systems.
Instant Accounts APICreate unique bank accounts with IFSC codes for tracking, identifying & reconciling bank transfers. The instant accounts supports NEFT/RTGS/IMPS and UPI Payments
Payout APIProgrammatically send payouts from your application to vendors, clients or employees in bulk and get the status of transactions in real time. Payouts can be made through IMPS, RTGS or NEFT
Recurring Billing APIAuto-debit your customers using our recurring billing API. The API lets your customer register for an e-mandate using Aadhaar and payments will be auto-debited as per specified frequency.
Prepaid Debit CardsCreate physical or virtual prepaid debit cards for employee reimbursements, cash management or for your customers.
GET more out of OpenSuite of apps that helps businesses grow & manage their finance
OPEN LENDGet working capital & trade finance loans to grow your business with hassle free documentation
OPEN SPENDManage & control your spend & employee reimbursements with prepaid debit cards with automated reconcillation and limit control
OPEN HUBConnect your Open account with external applications, ERP systems, Payment Gateways & more