Online
Money Transfer Services are the newest way of increasing humanitarian values in
internet and mobile technology. Now a person can easily transfer money online
to anywhere in India without any risk involved by using Money Transfer Software, it’s a easy & fast way to transferring
the money online in any bank account using IMPS & NEFT technology.
Domestic
Money Transfer Service (DMTS) with IMPS technology is one of the most demanding
services today in India. Become DMTS agent/retailer to remit money on behalf of
your customers. Most of the people are still not connected with the bank. The
density of banks in rural or semi urban area is still very low. If a person
goes to the bank for depositing/transferring funds to his friend/family/else,
he has to spend a long time and need to wait in queue. This is why people
prefer to visit DMTS agent/retailer for fund transfer.
Domestic Money Transfer Services- "It’s
a Real time Solution using IMPS making instant money transfer, This Service can
be availed via online, through Mobile app as well as through a simple SMS. It’s
a boon to the unbanked masses of India; it’s connected Through IMPS with 70+
Banks and Through NEFT 170+ banks for money transfer"
The
features are Wallet to the bank (any) money transfer (using MMID), Wallet to
the bank (any) (using IFSC & bank account number), Wallet to Wallet money
transfer, any bank to Wallet. Most of the people as per India’s population are
still not connected with the bank, who are not able to avail the money
transfer’s due to hectic and complicated Process to get opening of a Bank
Account as it Involve KYC (Know Your Customer) Process. By using money
transfer API will be able to transfer and receive funds From His Wallet
to Any Bank Account, as well as Wallet to Wallet Money transfers.
Get Money Transfer API to make your own remittance portal. It can help you to get started your own Money Remittance
portal for domestic money transfer service.