Skip to main content

What is Money Transfer or DMT API?

 Money transfer or Direct Money Transfer(DMT) API or Application Programming Interfaces is an ERP-based application that works for all the private and government banks that offer IMPS/NEFT mode of payment services. IMPS is the most well-known model to transfer money online anytime, anywhere, even if it’s a bank holiday. Therefore, money Transfer API is an extraordinary method to generate additional income for website proprietors, SMEs, and other businesses.

Businesses can manage all of their cash payable and receivables from their ERP in a simple and safe manner using APIs or Application Programming Interfaces.

API allows you to use your ERP system to access the bank's transaction processing facilities. Transactions can be triggered as API calls to the bank's system through secured system integration between the Corporate Customer's ERP and the bank; thus, there's no need to create any files or log in to corporate net banking.

Why Quickrecharge for Money Transfer or DMT API?

We are India's oldest and most reputable money transfer API supplier. We provide a high-security, real-time money transfer API with API integration. Use our API to send money online from anywhere in India 24X7. 

  • Your payment options must cover all reputable as well as global banks for rapid money transfer; we have everything covered for you. Customers will be able to send money to you from anywhere using any bank's debit or credit card through our API. Our linked API also offers an instant money transfer option in addition to commercial payment choices.
  • With our API, you can easily integrate a Money Transfer service onto your website that complies with RBI rules.
  • Our money transfer fee is quite affordable; hence you don’t have to break a bank to incorporate API in your system. 
  • We provide an Online Money Transfer API and portal construction service to enable your agents to use your website's Online Money Transfer service.

 

 

 


Comments

  1. mobile-recharge-api29 April 2022 at 01:52

    I have been looking everywhere in the internet for some time now and had been starting to get discouraged.
    Online Recharge Software
    Recharge Software

    ReplyDelete

Post a Comment

Popular posts from this blog

How do I start a mobile recharge company in India?

It is your first step on the platform of recharge business but I am moving on it for long time. So if you are relay serious to run a recharge business and have ability to access the all situation then follow my instruction and steps which relay helpful for your new recharge business. Step 1 –Need to Plan For Business Before setup any business, You have a strategy or Plan for success your business and beat your competitor. You are new  in this field and your competitor stable his business since long. So without a better plan you never beat your competitor. Don't throw a stone in the dark.    Step 2  :- Register your Company :- Now you have setup your goal and you are in second phase. I second phase you need to register your business under rule of Indian Act and collect all legal document for legal safety of your business. Before registering your business follow these points . Name of business – Business name must be unique, Choose business name like ...
4 comments
Read more

Always looking for high margin recharge api is the not good

Yes! always looking for high margin in recharge business is not good for your business health and it is the high chances of fraud. We are known as a brand in this domain and being in this recharge industry I have taken services from numerous number of API service providers. That's why I have an ample experience of recharge business, recharge API, money transfer API, travel API, PAN API and many more. There are lot of recharge API providers in market for B2B or B2C recharge business.  These service providers offers APIs at different costs, different profits and different terms and conditions. Some will give you flat margin of 1.5%-3% or more. Some will give you operator wise margin. Some will ask you to deposit security amount.  Before choosing your API service partner consider the following things. Do's and Don'ts while choosing the API Don't fall in the trap of flat margin APIs. These flat margin APIs (hardware based) are actually LAPU and they fail to p...
4 comments
Read more

DLT Technology in Recharge Business

As you know Telecom Regulatory Authority of India (TRAI) has released the Telecom Commercial Communication Customer Preference Regulation (TCCCPR) 2018 to regulate Unsolicited Commercial Communication (UCC) aiming to make the unorganized SMS industry 100% transparent.  In order to do so TRAI has initiated to implement DLT (Distributed Ledger Technology). If you are a recharge business owner and struggling to find your way on what to do next then this article is for you.   DLT is a blockchain-based technology. The main benefit of DLT is that the government can supervise every entity of the entire system. These entities are Mobile user, Principal entity, SMS marketer, and regulator. Someone who falls into the categories mentioned above must have to register to continue. Companies like QuickRecharge have to register under the Telemarketer category.  What is the purpose of DLT? Commercial Communications Ecosystem In the ne...
1 comment
Read more