Instant Money Transfer (IMT) API enables your corporate customers to make cash payments to their receivers who do not have bank accounts, using only their mobile numbers. This eliminates the need for handling large amounts of cash and collecting receipts for cash payments.
IMT as a single API will allow your corporate clients to register their receivers, get the list of their registered receivers, initiate payment to a receiver, re-query status of the payment, and if needed cancel the registration of a receiver or cancel the payment to a receiver before it is acquired.
The API complies with regulatory requirement of payments to registered beneficiaries only. The service will be shipped with an in-built duplicate transaction detector which will allow your corporate clients to re-post or re-query with confidence.