DMT (Domestic Money Transfer) is a financial service that allows individuals to transfer money from one bank account to another within India, typically using mobile number + IFSC + account number, even without a bank account. It is especially useful for migrant workers, daily wage earners, and people in rural areas.
✅ DMT Key Features
Feature Description
🧾 Account to Account Transfer Send money to any Indian bank account
🆔 Mobile + Aadhar/ID Based Sender Registration Register sender using mobile & ID proof
🏦 IMPS/NEFT Transfer Real-time or same-day settlement
🔐 Secure API Transactions via API with OTP or PIN
📲 Mobile Number Based Beneficiary Add Link multiple beneficiaries to one sender
💼 Retailer Commission System Agents earn on every transaction
🔁 DMT Flow Example
Sender Registration
Customer gives mobile number + Aadhaar/PAN for one-time KYC.
Add Beneficiary
Input beneficiary account number, IFSC, and name.
Transfer Money
Choose amount, confirm via OTP or PIN → Done.
Instant IMPS / NEFT Transfer
Money is transferred instantly (IMPS) or within hours (NEFT).
🏢 Business Use Cases
Sector Use Case
🏪 Local Shops Agents help customers send money to family
📲 Mobile Apps Fintech apps integrate DMT for rural users
🧑🤝🧑 MLM Models Admin → Distributor → Retailer hierarchy with commission
🧾 AEPS + BBPS Combine DMT with AEPS, recharge, utility bills
⚙️ DMT API Sample Request
json
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POST /dmt/transfer
{
“sender_mobile”: “9876543210”,
“beneficiary_account”: “1234567890”,
“ifsc”: “SBIN0000123”,
“amount”: 2500,
“txn_mode”: “IMPS”,
“api_key”: “yourapikey”
}
Response:
json
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{
“status”: “SUCCESS”,
“utr”: “IMPS01234567”,
“charge”: 10.00,
“commission”: 5.00,
“balance”: 2450
}
🧑💼 User Types in DMT Panel
Role Access
Admin Full control, commission settings, transaction reports
Distributor Manages retailers, earns margin
Retailer Registers senders, sends money, earns commission
🔐 Requirements
DMT API provider (e.g., Life Infotech, Ezulix, Paysify, RapiPay)
Admin Panel + Wallet system
OTP + Mobile number based sender registration
Secure HTTPS + transaction logs
UTR tracking, success/failure handling
🔥 Benefits of Offering DMT
Real-time money transfers, even on Sundays & holidays
Rural customers can send money without net banking
High commission for agents
Cross-selling AEPS, BBPS, Recharge from same portal
🧩 Want to Launch DMT Service?
I can help you:
✅ Set up a DMT Portal with Wallet + Commission System
✅ Choose a reliable API provider
✅ Integrate with AEPS, Recharge, BBPS for a full B2B portal
✅ Build Admin + Distributor + Retailer Panel
✅ Add PAN Verification, KYC, and UPI payout systems