Initiate Transaction

Initiate a Money Transfer transaction to a bank account via NEFT/IMPS


Note: Parameters passed in request body should be application/x-www-form-urlencoded

New parameters added:
commission : Cashback given on the transaction.(Total (Commission + TDS deducted))
tds : TDS deducted on the total cashback
txn_wallet : Is the transaction gone through wallet or BC pipe (1- Wallet ,0- BC pipe)
gst_benefit : To know whether the gst benefit has been pass on to you or not (1- Yes, 0-No)


Wallet Pipe Transaction

If the transaction is going through the wallet pipe then in the Initiate Transaction API, OTP will be sent to the customer mobile number there will be a batch_id parameter in the response of the Initiate Transaction API
This OTP and batch_id need to be sent in the Validate Transaction API.
Once the OTP is verified in the Validate Transaction API then only the money will be sent to the recipient account and the debit of the partner account will take place.


Transaction initiation for More than Rs 5000 in one time:

As per RBI guidelines you can send only Rs 5000 in one go, If you wish to send more than Rs 5000 in one go then either you can split the transaction at your end and then send to us, that needs to be handled at your end.

You can also use our split transaction API where we split the transaction at our end. Please refer to Wallet Integration