Domestic Money Transfer API offer quick safe and reliable money transfer options across the country. This is wallet to bank transfer where IWT offers domestic money transfer services to our mobile recharge software clients and also for API clients. Money Transfers allows you to send money instantly 24 x 7 x 365 to any IMPS supported banks in India. Receiver will get the money credited into their bank account within 5 -10 seconds.
Domestic Money Transfer API provided by IWT is easy to integrate in any platform where Retailers get best benefits as well as administration can also earn mass profit on each transaction. We offer lowest transaction charges in money transfer service. Start offering money transfer services through the very same “Wallet” and boost your outlet footfall and income.
Domestic Money Transfer API Flow
First Time Registration (Sender/Receiver)
Sender walks into any nearby DMR outlets
Provide basic details for online Registration/IWT Wallet Creation
Receives SMS confirmation upon registration along with Wallet details and activation pin (OTP)
Shares the pin with IWT-DMR Operators and upon validating, sender accounts get registered and activated
Recharge the Wallet by paying Cash to Retailer, which will be used for money transfer
Then Sender needs to provide details of Receiver in the same fashion as sender registration process and upon activation, he is ready to send money to Receiver
DMR outlet operator select registered receiver under Sender’s Receivers list and chooses the payment mode