Recharge
Pay Bills
Fee Collections
Pay Taxes
Net Banking
What is API BANKING?
Application Programming Interface (API) Banking: API Banking makes use of APIs (XML/JSON codes) for communication between bank and client servers, making data transfer between these two systems seamless, ensuring seamless and secured integration between the customer’s and bank’s systems. This ability of API Banking helps the customer to perform banking transactions in an easy manner without having to toggle between his Enterprise Resource Planning (ERP) platform and bank.
Benefits of API Banking
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Direct integration and Instant solution – Real time solution for processing banking transaction
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Secured medium of integration – Exchange data or files in encrypted environment
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Highly efficient mode of banking – Reduce turn-around time of banking transaction as initiation as well as reverse status available on customer system on real time. Easy reconciliation
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Saves time - No need to visit bank or uploading transaction files manually.
How it works:
Step 1: Client can choose the API service and do virtual testing on J&k Bank developers portal
Step 2: Client to sign the NDA/ Application form for the access to UAT & production environment
Step 3: Handshake of J&K Bank’s and client’s technical team for testing support
Step 4: Development, Testing and Live
Open Banking:
J&K Bank offers personalized banking experience through Open Banking that involves the use of APIs that have access to the core system of a bank and afford integration with disparate Third Party applications and ERP based systems for providing access to financial data and banking services.
