Wealth Tech Payments

This part of the document outlines the integration process for Wealth Tech merchants to implement mutual fund payment flows using PayU's payment infrastructure in compliance with SEBI regulations.

Regulatory Requirements

SEBI Requirements: Payment aggregators must report investment transactions for:

• Stock brokers
• Mutual fund distributors • Certain fields are mandatory for regulatory compliance • Additional data capture required for exchange/regulatory reporting

Use Case

Target Users:

• Stock brokers
• Mutual fund distributors

Payment Methods:

• Net Banking
• UPI

Transaction Type:

Lump-sum investment payments from investors

Compliance Assurance:

• Every transaction meets SEBI requirements
• Mandatory capture of investor bank details
• Fund information reporting (scheme code and folio)

Payment Flow Benefits

The standardized WealthTech payment flow enables platforms to:

• Secure Payment Collection: Collect investor payments securely via PayU's APIs
• Transaction Mapping: Map payments to specific fund orders through wt_params
• Reporting & Reconciliation: This enables and ensures:
  • Enable downstream reporting with AMCs
  • Facilitate reconciliation with exchanges
  • Ensure regulatory compliance

Next Steps

Integrate Wealth Tech with PayU Hosted Checkout or Merchant Hosted Checkout as mentioned in the following sections:

• PayU Hosted Integration
• Merchant Hosted Integration
• UPI Autopay Integration