API is the acronym for Application Programming Interface, which is a software intermediary that allows two applications to interact with each other. For example, each time you use an app like Facebook, send an instant message, or check the weather on your phone, you are using an API.

It serves as an interface between different software programs and facilitates their interaction, similar to the way the user interface facilitates interaction between humans and computers.

API Banking Solutions

BENEFITS

Pay per use: A service based subscription that allows you to pay for what you use.

Flexibility: A flexible infrastructure with end-to-end capabilities.

Automated: A fully-automated banking services platform for your enterprise use.

Adaptable: Adaptable to the existing application and customizable to business needs.One time integration: it allows you;

Control service level management
Governance/monitoring.
Reporting
Capacity planning

Value added APIs: Value added APIs like eKYC, PAN verification API, Currency rates API, Credit score API etc., create one shop solution for API. It eliminates need to