This is the process flow for buying digital gold.
- SafeGold will publish a Live Buy Price will be published by SafeGold to the Distributor through the Buy Price API which would be exclusive of GST and inclusive of the total Markup Percentage that will be shared between the Distributor and SafeGold.
- The Customer will enter the gold to be bought either in Rupees or in Grams.
- On click of Submit, Distributor will hit the Buy Verify API of SafeGold
- Post Validation, SafeGold will create a transaction ID and send it as a response to the Distributor in the Buy Verify API.
- On the success of the Buy Verify API , the Customer will be redirected to the Confirmation Page on which the Customer will be shown the Calculations along with the GST breakup and the customer will continue to complete the payment.
- Post successful payment by Customer, Distributor will call the Buy Confirm API of SafeGold.
- On the success of the Buy Confirm API , the respective gold Amount would be added to the Customer’s gold Balance and the customer will be redirected to the Transaction Successful Screen.
- The Customer will be able to download the Invoice for the particular transaction. The Invoice will be accessible to Distributor through an Invoice API .
- The distributor will call the Order Status API to re-verify the status of the transaction.