Unlike the traditional IBFT 1.0 model, which relied heavily on manual processes and file-based reconciliation, IBFT 2.0 enables real-time data exchange via RESTful APIs secured by SSL trusted certificates. This not only accelerates transaction processing but also ensures a high level of security, minimizing fraud risks and strengthening reliability.
InfoAPI further provides a centralized gateway, allowing banks to manage both outgoing and incoming transactions within a single system. This ensures that all fund transfers, payments, reconciliations, and inquiries are handled seamlessly-reducing errors and enhancing operational efficiency.
Beyond connectivity, InfoAPI offers robust features that automate reconciliation, streamline merchant management (particularly for QR Payment services), and extend into a wide range of value-added services, including:
With InfoAPI Gateway 2.0, banks do more than simply join the NAPAS IBFT 2.0 system - they actively create new value, sharpen their competitive edge, and strengthen their digital-era positioning. It is the definitive solution to the sector’s pressing need for secure connectivity, operational optimization, and scalable service expansion.