Safexpay launches RegTech Platform for seamless integration of banking, payments, and verification through APIs

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Source: CIO News

Safexpay, a leading global payments platform known for its innovative digital payment solutions, introduces APIX, an integrated RegTech platform that provides a comprehensive set of API solutions within a unified framework. These solutions range from banking processes to payments and document verification, catering to a diverse array of businesses. It addresses the complexities of multiple API integrations from different sources for businesses, thereby improving their operational efficiency.

Most banks and merchants integrate with separate platforms for PAN, Aadhaar, vendor verification, and information access, leading to functional bottlenecks or accessing multiple portals. With APIX, various aspects of verification for banking, payments, and other utility-related functionalities are streamlined under a single platform.

The company aims to extend its customised API suites to over 1 lakh entities, including banks, online and offline merchants, and businesses desirous of getting all verification done on one platform. APIX can process multiple verifications daily, reducing operation time by 70%

Read full article: https://cionews.co.in/safexpay-launches-regtech-platform/

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