Develop financial products with EPS
Simple & modular APIs, libraries & SDKs. Go live instantly with our plug & play UI flows. Leverage our large technology & distribution network to grow your business
About Eko
Eko is rapidly expanding fintech platform with its mission to take digital economy solutions across developing markets around the world.
We enable merchants to service ‘cash’ customers with online transaction needs. It has built a high- velocity, small-value, cash collection capability that is already collecting and converting over US $8 million in cash to digital money every day.
Eko’s network extends beyond 500+ fintech clients across 1000+ cities. As on today, Eko processes over US$230 million in transactions per month and has created India’s largest cash-to-digital network.
We have developed a set of APIs which leverages the IMPS payment infrastructure in collaboration with almost all the banks in India.
Our APIs aims at enabling easy, quick and secure payments to the beneficiaries.
The solution empowers our partners to digitally remit & withdraw the funds.
Portfolio of Products -
- Domestic Money Transfer
- AePS Gateway
- Indo-Nepal Money Transfer
- PAN card Verification
- Bank Account Verification
*Cash Management Services
Commercials
Activation Fee: Rs 10,000 (GST as applicable)
Domestic Money Transfer API
Eko Charge: Rs 2.75 per transaction
Per A/c verification charges: Rs. 3 (inc. GST)
- Limit (non-KYC transactions) - Rs. 25,000 per month per remitter (customer)
- Merchant KYC is necessary for API 2.0.
AePS Gateway
Commission
- Upto Rs 3000: 0.38%
- More than Rs 3000: Rs 10.5
- Commission on Mini statement: Rs 0.75
Fund Settlement Charges
- Amount <25k: Rs 5+GST
- Amount >25k: RS 10+GST
Maximum amount per settlement: Rs 2 lakh per transaction
Maximum amount per day: Rs 10 lakh per user
Settlement window limit: last 30 days
Device Installation Support (Optional): Rs 200(Exclusive Taxes) per request
Compatible Devices
- Morpho
- TMF20
- Mantra
- Startek
Note:
- Number of transactions per Aadhaar per day: 5
- Upto Rs. 10,000 per transaction.
- Merchant activation on T+1 working day
- No merchant onboarding fee
Indo Nepal Money Transfer API
Transaction of less than Rs. 30000
Debit: Rs 200 ; Credit: Rs 45
Net Cost : Rs 155
Transaction of more than Rs. 30000
Debit: Rs 200 ; Credit: Rs 65
Net Cost: Rs 135
Demo LinkPAN Card Verification API
Online PAN verification is a facility provided for verification of PAN
details: Request PAN no. and get the PAN holder’s name at real time.
Rs 3.5+GST per verification
Bank Account Verification API
Just select the bank and share the account no. and get the name of the account holder.
Rs 3.5 + GST per verification
Cash Management Services
Charges Structure:
Important Links
Onboarding link: https://connect.eko.in/
- Monthly invoices will available on the connect.
- TDS will be deducted on every commission amount.
- TDS will be deducted on every commission amount.
- Indian IP is mandatory for transactions
Integration Docs: https://developers.eko.in/
Hope the above content gives you a brief introduction about our portfolio. We request you to kindly go through the details and share your acknowledgement with your feedback on the same.
No matter who you are, we’ve got you covered
for any technical queries please reach us at
integration.support@eko.co.in