FastFee vs Edesy — EMI Collection Software for Indian NBFCs
Both platforms serve NBFC loan collection. The difference is in how they prevent defaults vs recover them. See the full breakdown.
Feature Comparison
FastFee vs Edesy — head to head for NBFC and lending businesses
| Feature | FastFee | Edesy |
|---|---|---|
| Starting Price | ₹999/month | On request |
| Automated WhatsApp Reminders | ✓ Before + after due date | Basic SMS / WhatsApp |
| UPI AutoPay Mandates | ✓ Native — zero-default debit | Limited |
| eNACH Bank Mandates | ✓ For high-value loans | Available |
| Field Agent Mobile App | ✓ GPS + PTP + cash | ✓ Core strength |
| Education & Multi-sector | ✓ Schools, coaching, rent, B2B | Lending only |
| Free Trial | 14-day free trial | Demo only |
| Setup Time | < 10 minutes | 1-2 days |
Which Should You Choose?
Choose FastFee if you:
- Want to prevent defaults before they happen via UPI AutoPay
- Need automated WhatsApp reminders before due dates
- Collect fees across multiple sectors (education + lending)
- Need eNACH mandates for high-value loan repayments
- Want a predictable flat monthly price
- Need to set up fast (under 10 minutes)
Consider Edesy if you:
- Have a large field collection agent team as your primary collection channel
- Need advanced GPS-based field routing features
- Operate exclusively in the lending vertical
- Already use Edesy and are evaluating alternatives
Frequently Asked Questions
What is the difference between FastFee and Edesy?
Edesy focuses on field collection agent workflows for NBFCs — GPS tracking, PTP logging, and daily collection routes. FastFee covers the full collection stack: automated WhatsApp reminders before the due date, UPI AutoPay mandates for zero-default collection, field agent app for overdue accounts, and multi-sector support (education, lending, rent, B2B). FastFee also supports eNACH bank mandates for high-value loans where UPI AutoPay limits apply.
Is FastFee cheaper than Edesy?
FastFee starts at ₹999/month with no per-transaction fees on the base plan. Edesy's pricing is available on request and typically includes per-account or per-collection charges. FastFee's flat monthly pricing is more predictable for NBFCs with growing loan books.
Which is better for NBFC loan collection — FastFee or Edesy?
Both are purpose-built for NBFC collection. Edesy's strength is field collection routing and agent management. FastFee's strength is pre-default prevention: automated WhatsApp reminders before the due date, UPI AutoPay mandates, and a pre-emptive defaulter list that stops accounts from going overdue in the first place. NBFCs with large field teams may prefer Edesy; NBFCs prioritizing pre-default automation prefer FastFee.
Does FastFee support field collection agents like Edesy?
Yes. FastFee has a mobile field collection app that shows agents their prioritized visit list, enables GPS check-in at each borrower's location, and lets agents record PTPs and cash collections. Payments auto-reconcile to borrower accounts.
Other NBFC Software Comparisons
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