Domestic Money Transfer

We are providing Domestic Money Transfer (DMT) services in partnership with banking institutions. Our Money Transfer system is outcome of detailed study and continuous up-gradation for over 2 years. Our Money Transfer platform is one of the very few in India which supports transactions through Android app. We support 2 wallet system for each customer and call that as RMONEY and IMONEY. Both RMONEY and IMONEY system works with separate banks giving a total non-KYC customer transaction limit of Rs 75000 per month.

Some features of RMONEY & IMONEY are -

• Non-KYC Customer transaction Limit: Rs 75,000/- per month (best in the industry)
• Instant settlement from wallet after successful transaction
• Automatic refunds in case of failures (OTP based for enhanced security)
• Feature of account verification for most of the banks
• Send up to 25000 in one transaction. No need to do multiple transactions of Rs 5000 for higher amounts
• Automatic reconciliation with various banks for pending transactions
• Support for both IMPS and NEFT transactions.
• App Notifications/Desktop Notifications/URL Callback whenever any transaction is refunded
• High success ratio
• Support for bill payments of credit cards using NEFT

Currently we do not provide APIs of Money Transfer. We provide retailership, distributorship to expand our business.