Ayoconnect is Southeast Asia's largest open finance API platform, enabling businesses to seamlessly integrate a wide range of financial services into their offerings. By providing a comprehensive suite of APIs, Ayoconnect allows companies to launch financial products quickly and efficiently without the need to build their own infrastructure. This empowers businesses to enhance their services, improve customer engagement, and drive revenue growth.
Key Features and Functionality:
- Recurring Payment API: Facilitates easy collection of payments from customers' bank accounts, supporting recurring, one-time, and variable payments.
- Digital Products API : Offers integration with over 1,000 digital products and bill payment services across 24+ categories through a single API.
- Virtual Card Issuance: Enables businesses to issue customizable virtual Mastercard-branded cards for customers or employees without incurring additional costs.
- Instant Transfer API: Provides low-cost, instant fund transfers to single or multiple bank accounts, suitable for both individual and bulk transactions.
- Income Verification API: Allows secure, real-time verification of an individual's income using their bank account, phone number, and National Identity Number .
Primary Value and User Solutions:
Ayoconnect addresses the challenge of financial inclusion in Southeast Asia by offering a robust open finance infrastructure. Its APIs enable businesses to rapidly deploy financial services, reducing time-to-market and operational costs. By leveraging Ayoconnect's solutions, companies can enhance customer satisfaction through seamless payment experiences, expand their service portfolios, and tap into new revenue streams. This approach not only accelerates business growth but also contributes to the broader goal of financial inclusion in the region.