Money Transfer API Service Provider

Money Transfer API Service Provider

Softcare Infotech is one of the best money transfer API service providers in India offering money transfer API to our users everywhere in India. Money Transfer API offers automation and maintaining every facet of a customer's money transfer business. it's a one‐stop feature‐rich solution and is straightforward to use. Our API services allow your clients to send money at any time just by using their mobile, computer, laptop, etc. We offer both web and app‐based solutions for money transfer services. the foremost advantage of using our API services is that it allows you to transfer money from any bank.

Softcare Infotech Money Transfer API allows you to transfer money instantly with IMPS technology. the cash receiver will get the cash in his account directly. Money Transfer API through IMPS is one of the foremost demanding services in India. Become a distributor or retailer of cash transfer services with our greatest money transfer API services. We also provide a DMR portal to our customers.

How Did It work?

The money transfer API works almost like the mobile recharge API the sole difference is that the user must enter the account number and IFSC code of the customer and therefore the amount that must transfer rather than the mobile number. After submitting the knowledge the quantity is going to be credited to the recipient's account within seconds. Mode Of Transferring Money

Softcare Infotech's money transfer API works on two modes of payment method IMPS and NEFT. IMPS knew as cash service is essentially an inter‐bank money transfer via an electronic mode that helps to transfer money instantly. NEFT also referred to as national electronic fund transfer allows you to transfer funds electronically from any branch of the bank to the other bank's branch.

Softcare Infotech is leading fastest growing API provider of cash transfer in India. we offer a payout, settlement, money transfer, withdrawal API service in India. Its IMPS‐based payout service is employed to send money to any checking account in India instantly 24x7. it's regulated by R.B.I ﴾Reserve Bank of India﴿ and processed by different private and public sector banks in India including payments banks having legal licenses from R.B.I. Banks utilize the Business Correspondent ﴾BC﴿ model to bring the transaction touch‐point closer to a group of consumers that's available even at non‐banking hours. The money, received by the BC agent, is transfer processed by the Bank using cash service ﴾IMPS﴿ technology.

By using Softcare Infotech Money Transfer API, ready to "> you'll able to use a money transfer service on your website or mobile application which can be employed by your customer/agent/partner to process money in any checking account in India.

We also provide dedicated and customized payout API for all kinds of legal businesses in India.

Popular use case of our payout API:

1. SALARY DISBURSEMENT

2. REIMBURSEMENT

3. BONUS

4. INCENTIVE

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