Money Transfer

India has a huge number of people who do not have smartphones and bank accounts. For banking services such as sending money, they usually end up having to visit bank branches. Unfortunately, many of them live in areas that do not have bank branches nearby. What if you could help them by providing them banking services at your shop? The most commonly used banking service is direct money transfer, also known as money remittance. Eko gives you this feature to turn your own shop into a bank. Customers who do not have bank accounts but still want to transfer money using cash can visit your shop. You can take the cash and transfer digital money to the bank account specified by them. Easy and effective!

Money Transfer is one of the services most in demand today in India. Large segments of the population still do not have access to basic banking services. The density of banks in rural or semi-urban areas is still very low. To address this opportunity, Eko has aggregated major Banks & wallets under a single API platform to enable our Channel Partner's retail networks to service the money remittance requirements of customers.

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Important Note:

Only IP which is in India will be whitelisted while going on the production mode. IP which is present outside India will not be whitelisted as per compliance

Port 25002 and Port 25004 must be opened on your server in order to reach the requests from your server to our production and staging environment respectively and a connection must be made from your server. You can check if connection is being made from your server or not using the telnet command.

The command for staging environment which you have to use: telnet staging.eko.in 25004.
The command for production environment which you have to use: telnet api.eko.in 25002.

API Reference

• Manage sender (customer)
• Do KYC of senders (customers) to increase their sending limit
• Manage Recipients
• Transfer Money (within India or Nepal)