There are multiple Recharge API vendors available in the market today.
Usually the APIs available in market are LAPU based ( a modified version of a traditional method of recharge ), LAPU offer high commission but due to obsolete technology it has a poor Success Rate & Slow Response time.
The down time for LAPU is usually unpredictable and very high, the high commission offered by this API eventually get eaten away due to its cons.
This type of API is taken by Local b2b companies.
Before shortlisting your API vendor you will have to evaluate them on multiple criteria like:-
- Technology Used (refer to API documentation)
- Services & Support
- Compatibility of the API with your Website/App/software.
- Your Business Model.
- Response Time of the API
- Type of Portal/Website/App you are working on.etc
The type API you need for a B2C will entirely different from an API for B2B website.
Keeping High Margin as a strong criteria for shortlisting API vendor may turn out to be a regrettable decision. It may cost you in more than one way
- Re- Development cost
- Customer loss
- High overhead Cost
- Delay in achieving planed Milestones of your business
- Opportunity Loss etc
There are lot of other things that need to be considered to shortlist the eligible API vendor.
Rocket In Pocket is the one of the most advanced API providers in Recharge . We are the only provider with Rest based architecture and complete infrastructure deployed on the cloud. Our API provide the features like automatic commission, refunds and fast balance loads.
I will be glad to assist you with your recharge API requirement,
If you have any queries you can reach me at +91-9599335994 also