Open (open.money)

aid: open-financial
name: Open (open.money)
description: Open is one of India's leading SMB neobanks, pioneering "connected banking" - a unified business finance platform
  that layers payments, automated reconciliation, accounting, payroll, expense management, vendor payouts, and GST-compliant
  invoicing on top of partner-bank current accounts (ICICI, SBI, Axis Bank, Yes Bank and 20+ others). Beyond its SMB application,
  Open also ships an embedded-finance / Banking-as-a-Service stack branded as Zwitch (zwitch.io), which exposes the same connected-banking
  primitives - virtual accounts, payouts via NEFT/IMPS/RTGS, UPI collect and intent flows, the Layer hosted payment gateway,
  beneficiary management, PAN/bank/VPA verification, webhooks, and split settlements - as REST APIs for fintechs and platforms
  that want to embed account-to-account payments and Indian payment rails into their own products. Open's broader portfolio
  also includes BankingStack (white-label connected banking for partner banks), the Open Capital lending product, and a suite
  of e-commerce plugins (WooCommerce, Magento, OpenCart, PrestaShop, CS-Cart, WHMCS) plus PHP, Java, Node.js, iOS, and Android
  SDKs for the Layer payment gateway.
type: Index
accessModel:
  pricing: unknown
  onboarding: unknown
  trial: false
  try_now: false
  public: false
  label: Unknown
  confidence: low
  source: []
  generated: '2026-07-22'
  method: derived
image: https://kinlane-images.s3.amazonaws.com/shared/apis-json/icons/open-financial.png
access: 3rd-Party
position: Producer
created: '2026-05-24'
modified: '2026-05-24'
tags:
- Connected Banking
- Neobank
- SMB
- Embedded Finance
- Banking as a Service
- Payments
- Payouts
- UPI
- Accounting
- Payroll
- Expense Management
- India
- Fintech
url: https://raw.githubusercontent.com/api-evangelist/open-financial/refs/heads/main/apis.yml
specificationVersion: '0.20'
apis:
- aid: open-financial:virtual-accounts
  name: Open Zwitch Virtual Accounts API
  description: Programmatic creation and management of virtual accounts used as transfer wallets, collection wallets, and
    collection tools on top of partner-bank infrastructure. Virtual accounts give platforms a unique IFSC-and-account-number
    pair for each end customer so that inbound transfers (NEFT, IMPS, RTGS, UPI) auto-reconcile to the correct beneficiary,
    and outbound payouts can be debited from a controlled sub-ledger.
  humanURL: https://developers.zwitch.io/reference/virtual-accounts
  baseURL: https://api.zwitch.io/v1
  tags:
  - Virtual Accounts
  - Sub-Accounts
  - Reconciliation
  properties:
  - type: Documentation
    url: https://developers.zwitch.io/reference/virtual-accounts
  - type: Authentication
    url: https://developers.zwitch.io/reference/authorization
- aid: open-financial:transfers
  name: Open Zwitch Transfers API
  description: Initiate single or bulk fund transfers from a virtual account to bank beneficiaries over NEFT, IMPS, or RTGS,
    and inspect transfer status, UTR, and settlement details. Powers vendor payouts, refunds, reimbursements, payroll, and
    split disbursements.
  humanURL: https://developers.zwitch.io/reference/transfers
  baseURL: https://api.zwitch.io/v1
  tags:
  - Payouts
  - Transfers
  - NEFT
  - IMPS
  - RTGS
  properties:
  - type: Documentation
    url: https://developers.zwitch.io/reference/transfers
  - type: Documentation
    url: https://developers.zwitch.io/docs/bulk-transfers
- aid: open-financial:beneficiaries
  name: Open Zwitch Beneficiaries API
  description: Manage the set of bank-account beneficiaries that can be paid from a virtual account. Supports creating beneficiaries,
    listing, retrieving, updating, and deleting, with optional penny-drop validation before the beneficiary becomes eligible
    for payouts.
  humanURL: https://developers.zwitch.io/reference/beneficiaries
  baseURL: https://api.zwitch.io/v1
  tags:
  - Beneficiaries
  - Payouts
  properties:
  - type: Documentation
    url: https://developers.zwitch.io/reference/beneficiaries
- aid: open-financial:upi
  name: Open Zwitch UPI API
  description: UPI collect requests, UPI Intent strings, and dynamic UPI QR codes for accepting customer-initiated payments
    on India's Unified Payments Interface rails. Includes mandate flows and webhook callbacks for payment success / failure
    events.
  humanURL: https://developers.zwitch.io/reference/upi
  baseURL: https://api.zwitch.io/v1
  tags:
  - UPI
  - Collect
  - QR
  - Payments
  properties:
  - type: Documentation
    url: https://developers.zwitch.io/reference/upi
- aid: open-financial:layer
  name: Open Layer Payment Gateway API
  description: Layer is Zwitch's hosted payment gateway. A few lines of layer.js render a fully PCI-compliant checkout pop-up
    that accepts net banking, UPI, credit/debit cards, and wallets. Server-side APIs create payment tokens, query payment
    status, issue full and partial refunds (including batch refunds), and download settlement reports. Mobile SDKs are available
    for Android, iOS, and Flutter.
  humanURL: https://developers.zwitch.io/docs/layer
  baseURL: https://api.zwitch.io/v1
  tags:
  - Payment Gateway
  - Checkout
  - Cards
  - UPI
  - Net Banking
  - Refunds
  properties:
  - type: Documentation
    url: https://developers.zwitch.io/docs/layer
  - type: Documentation
    url: https://docs.bankopen.com/reference/payment-request
  - type: SDKs
    url: https://github.com/bankopen/Layer-PHP-SDK
    name: Layer PHP SDK
  - type: SDKs
    url: https://github.com/bankopen/layer-java-sdk
    name: Layer Java SDK
  - type: SDKs
    url: https://github.com/bankopen/layer-nodejs-sdk
    name: Layer Node.js SDK
  - type: SDKs
    url: https://github.com/bankopen/open-payment-iOS-framework
    name: Open Payment iOS Framework
- aid: open-financial:verification
  name: Open Zwitch Verification API
  description: Identity and account-validation suite used during merchant onboarding, KYB, and pre-payout checks. Endpoints
    cover PAN verification, name matching, bank-account validation (standard and pennyless), and VPA (UPI ID) verification.
  humanURL: https://developers.zwitch.io/reference/verifications
  baseURL: https://api.zwitch.io/v1
  tags:
  - Verification
  - KYC
  - PAN
  - VPA
  - Bank Account
  properties:
  - type: Documentation
    url: https://developers.zwitch.io/reference/verifications
- aid: open-financial:settlements
  name: Open Zwitch Split Settlements API
  description: Configure split-settlement rules so that incoming payments are automatically apportioned across multiple beneficiary
    accounts at settlement time. Used by marketplaces, aggregators, and platforms handling on-behalf-of flows.
  humanURL: https://developers.zwitch.io/reference/settlements
  baseURL: https://api.zwitch.io/v1
  tags:
  - Settlements
  - Split Payments
  - Marketplaces
  properties:
  - type: Documentation
    url: https://developers.zwitch.io/reference/settlements
- aid: open-financial:webhooks
  name: Open Zwitch Webhooks
  description: Real-time event delivery for payment, transfer, refund, settlement, virtual-account, and verification lifecycle
    events, with HMAC signature verification and configurable retry policies.
  humanURL: https://developers.zwitch.io/reference/webhooks
  baseURL: https://api.zwitch.io/v1
  tags:
  - Webhooks
  - Events
  - Notifications
  properties:
  - type: Documentation
    url: https://developers.zwitch.io/reference/webhooks
- aid: open-financial:payment-pages
  name: Open Zwitch Payment Pages API
  description: No-code hosted payment pages and payment links that small businesses can share over email, SMS, or WhatsApp
    to collect one-time or recurring payments without writing integration code. Server APIs let platforms generate pages programmatically
    and listen for paid-event webhooks.
  humanURL: https://developers.zwitch.io/reference/payment-pages
  baseURL: https://api.zwitch.io/v1
  tags:
  - Payment Pages
  - Payment Links
  - No-Code
  - Collections
  properties:
  - type: Documentation
    url: https://developers.zwitch.io/reference/payment-pages
- aid: open-financial:connected-banking
  name: Open Connected Banking Platform
  description: Open's flagship SMB neobanking application. Connects one or more partner-bank current accounts (ICICI, SBI,
    Axis Bank, Yes Bank, and others) and layers on bill and invoice management, vendor payments, automated reconciliation,
    GST-compliant invoicing, accounts payable and receivable automation, and two-way sync with Tally, Zoho Books, Oracle NetSuite,
    and Microsoft Dynamics. Available via web and mobile apps; programmatic access is delivered through the Zwitch / BankingStack
    APIs above.
  humanURL: https://open.money/developers
  baseURL: https://open.money/developers
  tags:
  - Connected Banking
  - Neobank
  - SMB
  - Accounting
  - Reconciliation
  properties:
  - type: Documentation
    url: https://open.money/developers
  - type: Portal
    url: https://open.money/
common:
- type: DomainSecurity
  url: security/open-financial-domain-security.yml
- type: Website
  url: https://open.money/
- type: Website
  url: https://www.zwitch.io/
- type: Documentation
  url: https://developers.zwitch.io/
- type: Documentation
  url: https://docs.bankopen.com/
- type: GettingStarted
  url: https://developers.zwitch.io/reference/introduction
- type: Authentication
  url: https://developers.zwitch.io/reference/authorization
- type: Console
  url: https://app.zwitch.io/
- type: Signup
  url: https://app.zwitch.io/
- type: GitHub
  url: https://github.com/bankopen
- type: LinkedIn
  url: https://www.linkedin.com/company/bankopen
- type: X
  url: https://x.com/bankopen
- type: Blog
  url: https://open.money/blog
- type: Blog
  url: https://www.zwitch.io/blog
- type: Pricing
  url: https://open.money/pricing
- type: Pricing
  url: https://www.zwitch.io/pricing
- type: TermsOfService
  url: https://open.money/terms
- type: PrivacyPolicy
  url: https://open.money/privacy
maintainers:
- FN: API Evangelist
  url: https://apievangelist.com