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
image: https://kinlane-images.s3.amazonaws.com/shared/apis-json/apis-json-logo.jpg
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: SDK
        url: https://github.com/bankopen/Layer-PHP-SDK
        name: Layer PHP SDK
      - type: SDK
        url: https://github.com/bankopen/layer-java-sdk
        name: Layer Java SDK
      - type: SDK
        url: https://github.com/bankopen/layer-nodejs-sdk
        name: Layer Node.js SDK
      - type: SDK
        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: 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