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<h1>Electronic payments requirement for MCA services speeds processing; phased mandate makes electronic mode compulsory for all fees.</h1> The Ministry found that physical challans delayed payment confirmation due to bank reporting at 'T'+3 whereas online payments were reported at 'T'+1, causing slower processing of MCA services. To improve service delivery, electronic payment was mandated for MCA services up to a prescribed threshold from 27 March 2011, with a transitional option for higher payments until a later date when all payments must be electronic; the reform standardises payment channel and accelerates workflow creation.