Definition:

API (Application Programming Interface) ,An API is a set of defined rules, protocols, and tools for building software applications. It enables different systems, services, or applications to communicate with each other, exchange data, and perform specific tasks.KTSClick offers APIs for corporate companies to integrate financial services into their existing systems, enabling seamless payment processing, money transfer, and other financial transactions.

API Characteristics:

1. Platform independence
2. Language independence
3. Reusability
4. Scalability
5. Security
6. Flexibility

API Categories:

1. Payment Gateway API
2. Money Transfer API
3. Wallet API
4. UPI API
5. BBPS & Recharge API
6. AePS API
7. Payout API
8. QR Code API

API Features:

1. Secure payment processing
2. Real time transaction tracking
3. Multi payment modes credit & debit cards, net banking, UPI
4. Customizable integration
5. Scalable infrastructure
6. Robust security measures SSL, 2FA

Benefits:

1. Streamlined payment processing
2. Enhanced customer experience
3. Increased efficiency
4. Reduced operational costs
5. Improved cash flow management
6. Simplified reconciliation

API Integration:

1. Web-based API
2. Mobile API  Android
3. SDK integration
4. API documentation
5. Developer support

API Pricing:

1. Setup fee: upto 5 lacks 
2. Transaction fee: Upto 2%
3. Yearly subscription fee: Upto 5000

Documentation:

1. API documentation
2. Integration guide
3. Developer portal