contains 4 APIs
APIs
4 APIs used
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Workflow
This API product journey is for PA-CB entities to process export payments from their ECA (INR) account. Mode of payments available are RTGS/NEFT/IMPS/A2A. Once the customer commences the journey, they will be taken through the following steps-
- PACB_InitiatePayment API is called when the corporate wants to transfer funds using RTGS/NEFT/IMPS/A2A payment mode.
-Once a payment is initiated, PACB_TransactionInquiry API is called to enquire/check the status of the transactions initiated.
- New IndiaLink - Fetch Balance API is called to fetch the balance lying in the INR account
Use Cases
Enable Indian Sellers/Exporters of goods and services to collect payments from their overseas clients and settle into exporter's INR account.