https://cpd.net.in/pfe-portfolio/domestic-money-transferdmt-api-service-providers-in-india/

 The DMT API is designed to allow customers to send money from one bank account to another, using just the recipient's mobile number, account number, and IFSC code. Unlike traditional banking apps, the DMT API is typically embedded in third-party platforms like mobile recharge apps, payment gateways, or retail POS systems. It supports IMPS (Immediate Payment Service) and NEFT (National Electronic Funds Transfer) channels, enabling users to initiate instant or scheduled fund transfers at any time, including weekends and holidays.

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