Why do I see “Vivish Technology Pvt. Ltd." or “Mygate” instead of my society’s name when making a payment?
There is no need to worry if you see “Vivish Technology Pvt. Ltd.” or “Mygate” as the payment recipient. Your payment is securely processed and will be transferred to your society’s bank account.
When making a payment through Mygate, you may see Vivish Technology Pvt. Ltd. or Mygate as the payment recipient on your UPI app, Net Banking portal, or other payment interfaces instead of your society’s name.
This is because Mygate acts as the payment intermediary and facilitates the transaction between you and your society. The payment is securely processed through Mygate’s payment infrastructure and the amount is settled to your society’s bank account on the next working day (T+1).