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AePS Fund Settlement Overview

Settle AePS transaction funds directly to your bank account

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READ THE GUIDE

AePS Fund Settlement Overview & Guide

  • Overview
  • Process Flow

Refer to the link https://developers.eko.in/docs/aeps-faqs for any queries on AePS and AePS Fund settlement.

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NOTE

  1. Service available from Monday to Friday between 10 am to 5 pm.
  2. Max Amount for settlement: ₹ 2,00,000 (two lakh) per transaction.

To use the AePS Fund settlement (service_code = 39) on the production environment you need to activate the service of AePS fund settlement for your users. Below is the cURL request for the same

curl --location --request PUT 'https://staging.eko.in:25004/ekoapi/v1/user/service/activate' \
--header 'developer_key: becbbce45f79c6f5109f848acd540567' \
--header 'secret-key: MC6dKW278tBef+AuqL/5rW2K3WgOegF0ZHLW/FriZQw=' \
--header 'secret-key-timestamp: 1516705204593' \
--header 'Content-Type: application/x-www-form-urlencoded' \
--data-urlencode 'service_code=39' \
--data-urlencode 'initiator_id=7411111111' \
--data-urlencode 'user_code=20310003'

Replace with your production credentials and in the user_code pass the user code.

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AePS Fund Settlement Configuration:

  1. If you want your merchants to settle the AePS amout into their bank account then the configuration must be set to "My Merchant" and if you want to settele the compelete AePS amount then the configuration must be set to "Self" in the connect portal

  2. You can change this configuration once in a 15 days and once the configuration is changed the previous amount can be settled only by the partner and not his merchant

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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.