money transfer, sometimes referred to as direct money transfer. Both cash and wallet transfers between accounts are possible. Numerous money transfer APIs, including IMPS, NEFT, RTGS, and others, make this feasible. The main goal of the Domestic Money Transfer API is to enable India's migrant, underbanked, and unbanked populations to transfer money abroad or back home. Softzix, the top DMT API supplier, offers those without bank accounts or without access to banks a simple way to send money.

The fact that the Domestic Money Transfer API allows for financial transfers on bank holidays is by far its most helpful feature.

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