Payment APIs can help developers handle various payment tasks, such as processing loan payments and checking payment status. By leveraging payment APIs, developers can also access and retrieve historical payment data, generate payment reports, and analyze payment trends, which can be used to improve payment processing and inform business decisions.

Payment APIs are vital in financial technology, providing developers with powerful tools to manage payment workflows, increase payment efficiency, and enhance the borrower experience.

Endpoints

Endpoint	Type	Description
Pay Loan	`POST`	This API will help you mark a payment as initiated by the customer.
Loan Payments History	`GET`	This API will fetch no. of payments made for a loan
Get Payment types	`GET`	This endpoint retrieves all the available payment types that are consumable by the end user.