API Banking

Banking Industry to digitize the B2B supply chain with the launch of ‘Application Programming Interface’ (API) banking services. API banking allows to be seamlessly and securely integrated with corporate clients ERP systems. Through API or Application Programming Interface, business enterprises can do all their cash payables and receivables management from their ERP in a seamless secure manner. API allows you to access the bank’s transaction processing services from your ERP environment. You need not create any file or log in to corporate net banking, transactions can be triggered as API calls to bank’s system through secured system integration between Corporate Customer’s ERP and Bank.

How will it improve business efficiency?

  • Instant Banking Facility: API Banking enables instant cash payment or receivable facility from any Enterprise Resource Planning (ERP) system. This completely reduces turn-around-time for doing a financial transaction
  • Hassle-free: No need to send a physical payment request to the bank or upload CSV files. With a click of the mouse, cash payable and receivable transaction can be done
  • Improved operational efficiency: Daily account statement is made available for easy reconciliation

    API banking services using for

  • Inward remittance (under rupee drawing arrangement),
  • Partner payments through NEFT/ IMPS – domestic (vendor payments, refunds, business correspondents, SMBs, co-operative societies),
  • Electronic collections, salary payments, Prepaid Cards and Expense Management Accounts, and Cardless Cash Withdrawals


  • ABOUT US

    "Softweb Tehcnology is Web & it Solutions Provider in Bangalore. We are mainly focused to offer superior, long-term and sustainable services to clients to fulfill their business intent."

    VISION

    "To grow both vertically and horizontally to establish ourselves on top as a preferred Web & IT Solutions provider."

    Mission

    "To Achieve excellence in providing the best Web & IT solutions to customers to meet their present and future business needs in the most efficient and effective way."

    CONTACT US

    #569 Star Complex,Bhuvaneshwari Nagar, Sultan Palya Main Road,R.T.Nagar Post Bangalore-32. Phone:+080-42216337
    Email:it@softwebtechnology.co.in info@softwebtechnology.co.in