RaaS: API, Web & Mobile Options

When considering or reviewing Remittance-as-a-Service, one common question revolves around the availability of APIs, web applications, and mobile apps. In the standard Remittance-as-a-Service offering, the primary provision is an API provided by the Principal License Holder, who is the solution provider or sponsoring institution. This API encompasses various essential functionalities such as KYC, identity verification, fund transfers, flags, and registration:

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If you intend to develop your own application, the provided API serves as the fundamental building block included in your subscription. Therefore, you must utilize and incorporate this API into your development process to create your app, whether it’s a mobile app, web app, or a combination of both. Essentially, the API is offered free of charge as part of the basic subscription package. However, supplementary options known as the mobile and web applications are available.

Now, let’s say you are not currently prepared to develop your own web or mobile app. Perhaps you require additional time or resources for this task. In such a scenario, you can inquire with the solution provider about the availability of a white-label web app or a white-label mobile app. Typically, the solution provider offers these white-label applications, and you have the choice to opt for either a white-label mobile app, a white-label web app, or both.

It’s important to note that the API is provided as a default feature, whereas the white-label apps, emphasizing those provided by the solution provider, are considered additional services that require payment. The decision to obtain a web app, a mobile app, or both is entirely optional. However, if you prefer to develop your own application, whether it’s a web or mobile app, you can do so by utilizing the provided API, which is included free of charge in your chosen subscription plan. Hopefully, this explanation clarifies the options available to you.

This page was last updated on February 5, 2024.

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