- Customers create a SIP Plan on Distributor’s App/Website either through Debit/Credit Card or through E-Mandate by choosing the Start Date, amount, duration and the frequency.
- For future instalments, Distributor creates a debit request through the payment gateway by the payment mode chosen during the creation of SIP.
- Once the amount is successfully debited, Distributor will fetch the current price and 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.
- Post the success of the Buy Verify API, Distributor will call the Buy Confirm API of SafeGold subsequently.
- On success of the Buy Confirm API, the respective gold Amount would be added to the Customer’s gold Balance and a confirmation SMS/Email needs to be sent to the customer.
- The Customer will be able to download the Invoice for the particular transaction. The Invoice will be accessible to the Distributor through an Invoice API.
- Distributor will call the Order Status API to re-verify the status of the transaction.
