Funds Transfer service enables you to move on from a file based payment interface with your corporate clients to a real-time payment API.
Funds Transfer as a single API allows your corporate clients to know when to fund their payment account, re-query status of NEFT, RTGS payments, and instance payments via IMPS. If the customer leaves the choice to API, it will also choose the best possible transfer type.
The API comes with in-built regulatory rules for restricting nodal payments to registered beneficiaries only. Shipped with an in-built duplicate transaction detector, the API allows your corporate clients to re-post or re-query with confidence.