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Student money management with Paysack

Paysack is an API infrastructure layer between all the stakeholders in the student ecosystem:  student, parent, merchants, educational institute, fintechs, and financial institutions like NBFCs, banks, stock brokers, insurers.

One of the segments that gained popularity with neobanks is the teens segment: 13-17 year olds could now get a prepaid card on their parent’s KYC.
The card comes with all the key card features like – set PIN, freeze/unfreeze card, block card, view transactions, etc. With all the parental controls in place

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Neo-fication of financial services for Startups and SMEs

The Paysack Fintech Platform brings digital financial services across 4 core areas for startups and Small and Medium Enterprises (SMEs):

Banking: wallets, cards, payments, accounting and expense management.
Wealth Management: demat account, trading account, funding the account,  portfolio management and reports, robo-advisory and more.
Lending:  line-of-credit, loan origination and management systems to borrow from banks or other financial institutions.
Insurance:  sachet / micro loan products, management, bundled products, claims and settlements.

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The Evolution of APIs: Past, Present and the Future

Evolution of API Protocols/Styles

The abstract idea behind Application Programming Interface (API) which helps to communicate with other systems or applications came in to existence since early days of programming.

The concept of setting up rules to make the inter communication between software systems feasible and effective lead to old intercommunication protocols like RPC, CORBA. 

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