These days most of the people arousing AePS and Micro ATM Payout API and the people who are accepting these APIs would need to get the money settled in their bank account. So here what the Payout API would play a great role in helping us create an end-to-end solution.
- To help partners to get the fund settled in their bank account.
- Create an end-to-end solution for API partner who are using AePS and mATM
Consumer of this API: Existing API partners who have integrated AePS and m-ATM with us. They can integrate the Fund Settlement / Payout API with us and settle funds into merchants' Bank accounts.
In the present scenario API partners need to consume additional API of fund settlement through any bank for doing such settlement. In our API they don't need to do any integration from any other partner. We will provide a complete solution for them.
Prerequisite: API partners who are doing AePS and m-ATM. Doing settlement of AePS / m-ATAM fund only for their merchant who did AePS/m-ATM business.