EMI

You can also provide EMI plans to your users via AI Router. 

• Users can either enter a new card detail and proceed to convert it to an EMI payment 

OR

• They can use an existing list of saved cards that supports EMI options 

OR

• They can select a bank from a list of EMI-supported issuing banks and proceed to pay. 

Below is the transaction journey for EMI payments: 

1. User selects EMI as a payment option and enters the card number. After this, they fetch the EMI plans. Accordingly, Merchant's app / browser calls the Fetch EMI Details API through UI. 
2. AI Router fetches the EMI plan from the Paytm gateway. Paytm PG returns the configured EMI plans, which are then displayed to the user. 
3. User selects a plan and gets the transaction converted into EMI.
4. User enters CVV, expiry date, and clicks on the Pay button. Merchant's app or browser calls the Payment API. 
5. Bank form is returned to the merchant. Merchants app / browser redirects the user to the bank form page.
6. User enters the OTP to complete the payment and accordingly, the AI Router selects a gateway to route the transaction. 
7. Selected gateway processes the transaction and returns the status to AI Router which is then returned to the merchant's app or browser.
8. Merchant's server calls the Transaction Status API to verify the payment status. This is then returned to the merchant's server by AI Router.
9. Merchant's server returns the final payment status to its app or browser, which is then displayed to the user.