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Send Payments from Your Axis Bank Account Using Connected Banking

Aided by Connected Banking, TallyPrime brings in the facility of online payments from your Axis Bank accounts.

Once you meet the prerequisites, you can send payments from your Axis bank accounts, securely and directly from TallyPrime, thereby:

• Saving a lot of time – faster process, leading to smooth cashflow and a relation of trust with your vendors.

• Reducing manual errors.

What’s more, for online payments made using Connected Banking, you can also:

• Update the payment status right in TallyPrime.
  
  
• Send payment advice to your suppliers.

1. From anywhere in TallyPrime, press Alt+Z (Exchange) > Send Payments.

2. Press Enter on the relevant Axis bank ledger.
   

   From the e-Payments report, if you open the Send Payment report for the Axis Bank ledger, then the report opens for this ledger.

3. Select the transaction and press S (Send).
   

4. Enter the OTP.
   

   Once you enter the OTP, the payment is sent to the bank.

Once the payment is initiated, the actual payment status gets displayed, as per the bank. You can always update the Payment Status from the e-Payments report.

Moreover, in case the payment fails or is rejected by the authoriser for certain reasons, then you can reset the payment status. As a result, it will be ready to be uploaded again.

Authorise Payments on the Axis Bank Portal

For Corporate and Neo for Corporate Login with multiple users, the payments get processed only after the approver authorises them on the portal.

1. Log in to the Axis Bank portal.

   1. Enter the Corporate ID.

   2. Enter the Login ID, provided by the bank.

   3. Enter the Password.

   4. Click Login.
      

   5. Enter the OTP received on your mobile number and click Submit.
      

2. Under Approvals Due, CLICK TO VIEW.

3. Click Payments.

4. Select the payment and authorise it by entering the OTP.

Questions & Answers

1. I sent an online payment from TallyPrime. However, the status has not been updated. What steps doing I need to take?
   If all the process has been completed, then you can update the payment status from the e-Payments report.
   If you have Corporates and Neo for Corporates account, then an approver has to authorise the payment. Thereafter, you can update the status in TallyPrime.
   
   
2. My payment has been rejected by the bank or approver. How do I proceed to send the payment again?
   If the payment fails or is rejected by the authoriser, then reset the payment status. You can then send the payment again.