VaultX Payment Orchestration — Instruction & Audit Layer
Route payouts without touching funds.
VaultX Payment Orchestration — Instruction & Audit Software (SaaS)
VaultX prepares bank-ready payment instructions, runs maker–checker workflows, and produces regulator-grade audit trails. All execution occurs at your bank under your accounts; VaultX is software only.
If your team touches 100,000 payouts/offsets a year and manual handling costs ₹15–₹30 per item, VaultX Orchestration saves ₹10–₹20 per item through automation and zero-touch reconciliation: ₹10–₹20 lakh annual opex saved, plus faster pre-default action.
What it does
- Instruction builder: UPI/NEFT/RTGS/e-RUPI file/API generation (client-owned credentials).
- Maker–checker & approvals: role-based queues; client signatories approve at bank.
- Reconciliation: auto-ingest bank callbacks/statements; T+1 variance reports.
- Audit & ESG: immutable logs (event → instruction → bank ref), exportable for regulators/DFIs.
Who it serves
Banks & NBFCs — Pre-default action, bulk payout instructions, maker–checker, T+1 reconciliation.
Insurers & Reinsurers — Parametric verification, bank-ready claim files, audit-proof logs.
DFIs & Public Programs — Policy-driven disbursals, fairness/ESG reporting, regulator-grade exports.
Agri Platforms & FPOs — Early warnings and rostered disbursals through partner banks.
Why teams chose VaultX
- Move before defaults. Convert climate/portfolio signals into bank-executable instructions in <72 hours.
- Stay audit-clean. Immutable evidence from trigger to bank reference—exportable for boards, auditors, and regulators.
- No license burden. We’re software-only (HSN/SAC 998314). All settlements occur at your bank under your accounts.
- Operate at scale. API/H2H or secure file-drop; role-based approvals; automated T+1 reconciliation ≥99.9%.
How VaultX Orchestrates (Instruction and Audit Layer)
- Detect & Decide – Weather/portfolio events hit your configured rules.
- Prepare Instructions – Generate UPI/NEFT/RTGS/e-RUPI files or bank-API payloads (client credentials).
- Approve – Maker–checker in VaultX; final approval occurs at your bank portal.
- Execute at Bank – Bank/TPAP processes payments under your license.
- Reconcile & Report – Auto-ingest statements/callbacks; produce T+1 variance reports & ESG/audit packs.
Compliance
- Enterprise SaaS (HSN/SAC 998314).
- No fund custody, no premium collection, no settlement.
- Banks/TPAPs remain the licensed executors.
- Banks/TPAPs are the licensed executors.
- Do: Generate instructions; reconcile; log; invoice as SaaS.
- Don’t: Collect premiums, hold float, or settle payouts. Banks do that.
Reesecure provides software dashboards and payment-instruction orchestration. We do not provide loans, insurance, or payment aggregation, and we do not hold or move funds. All settlements occur at the client’s bank/TPAP. Billing is for SaaS access under HSN/SAC 998314.
- Nature of service: Software that generates payment instructions and audit logs.
- No custody: Reesecure does not receive, hold, or disburse customer funds.
- Executor: All settlements are executed only by the Client’s bank/TPAP under Client’s accounts and approvals.
- Credentials: Any bank tokens/keys remain Client-owned; VaultX uses scoped, revocable access or file-drop.
- Fees: SaaS license + implementation; optional per-instruction software fee (invoiced; not deducted from payouts).
What it involves
Bank-Hosted Orchestration
- VaultX generates payment instructions and files (ISO 20022/NPCI CSV/API calls).
- Execution happens at the bank (SBI/HDFC/ICICI CMS or API banking) using the client’s corporate account/escrow.
- Maker–checker + client signatory approval; VaultX never holds funds or approvals.
UPI Autopay / e-Mandate Builder (bank/TPAP led)
- VaultX creates mandate links/IDs; bank/TPAP issues and debits.
- You store mandate IDs + logs only.
File-Drop / H2H
- VaultX produces signed payment files for client upload via bank H2H/SFTP.
- Bank runs settlement; VaultX reconciles results via webhooks/statement APIs.
Not allowed
Not allowed: pooling premiums, settling from your own account, or acting as merchant-of-record for third-party payouts. Those trigger RBI PA/PG or IRDAI regimes.
How VaultX Orchestrates (Instruction & Audit Layer)
- Detect & Decide – Weather/portfolio events hit your configured rules.
- Prepare Instructions – Generate UPI/NEFT/RTGS/e-RUPI files or bank-API payloads (client credentials).
- Approve – Maker–checker in VaultX; final approval occurs at your bank portal.
- Execute at Bank – Bank/TPAP processes payments under your license.
- Reconcile & Report – Auto-ingest statements/callbacks; produce T+1 variance reports & ESG/audit packs.
Steps during implementation
- Pick bank channel: SBI CMS APIs / H2H (client’s account).
- Tripartite letter (Client–Bank–Reesecure) naming Reesecure Technology Service Provider (TSP) with view/initiator only (no approval rights).
- Configure mapping (MandateID ↔ LoanAccountID/IFSC/VPA) and test webhooks/statement files.
- Dry run: ₹1–₹100 test instructions to 10–20 accounts → T+1 reconciliation.
- Turn on per-instruction audit exports for compliance/ESG.
who buys VaultX Payment Orchestration today
Typical Customers
1) Banks & NBFCs (Agri/MSME/Rural)
Signals of fit
- ₹500 Cr+ agri/MSME exposure, seasonal delinquency spikes
- Frequent bulk payouts/offsets (relief, restructuring, interest support)
- Need maker–checker, audit trails, and bank-API/H2H orchestration
Why they buy
- Act before defaults (pre-NPA nudges)
- <72h event→instruction SLAs, ≥99.9% T+1 reconciliation
- Clean audit evidence for RBI/board
2) Insurers, Reinsurers & MGAs (Parametric Weather-linked)
Signals of fit
- Parametric triggers, bulk claim files, bank settlement through clients/TPAs
- Demand for deterministic proofs and dispute-light operations
Why they buy
- Automated trigger evidence + bank-ready instruction files
- Audit-proof logs for regulators/reinsurers; no custody exposure
3) Development Finance Institutions (DFIs), Govt Programs and Co-operatives
Signals of fit
- Subsidy/relief disbursals via escrow + bank rails (no fintech aggregator)
- ESG reporting and fairness analytics needs
Why they buy
- Version-controlled policy → instruction → reconciliation trail
- Equity metrics for ESG/impact reports; CSV/PDF exports on tap
4) Agri platforms, FPO Federations, Producer companies
Signals of fit
- District/crop monitoring, seasonal alerts, roster-based disbursals via partner banks
Why they buy
- Early-warning + file/API generation for bank execution
- Zero license risk; software subscription only
Outcomes we commit to (what you get)
- Speed: Event→bank-ready instruction in <72 hours
- Accuracy: T+1 reconciliation ≥99.9% (variance reports & idempotent retries)
- Compliance: Immutable audit chain (event → rule → instruction → bank ref)
- Efficiency: 30–40% lower manual ops on contingent payouts/disbursals
Not a fit (for now)
- Businesses wanting to pool premiums or settle from Reesecure accounts
- Consumer checkout or merchant-of-record use cases