India's Largest Connected Bank Network.
10+ banks, one API. Seamless failover, smart routing, and load balancing. One API for all your banks. Never re-platform again.
One API layer across all partner banks. Add, switch, or failover between banks without changing a single line of code. Scale from ₹1L to ₹1000 Cr monthly volume on the same integration.
How BankMesh Works
Four steps from your API call to bank settlement. All complexity abstracted away.
You call one API
POST /v1/payments with amount, beneficiary, and preferred rail. No bank-specific parameters needed.
BankMesh routes
AI evaluates bank health, cost, speed, rate limits, and your routing preferences. Selects optimal bank + rail.
Bank executes
Payment routed to selected bank via direct API or aggregation. If bank fails, auto-retry via alternate partner in <2 seconds.
You get webhook
Real-time status update via webhook: processing → success/failed. Same payload format regardless of which bank executed.
Deep Integrations (Direct API)
Direct bank API connections with real-time balances, instant payment initiation, webhooks, and virtual account issuance. Sub-200ms latency.
Aggregation Layer
Connected via aggregation for balance visibility, statement import, and payment routing. Ideal for additional capacity and failover.
Single API vs Multi-Portal Chaos
| Capability | SpacePe BankMesh | Managing 3+ Bank Portals |
|---|---|---|
| Integration effort | 1 API, 2-day setup | 3-6 months per bank |
| Adding a new bank | Config change, 0 code | 2-3 months re-integration |
| Failover on downtime | Auto-route in <2 seconds | Manual switch, hours of downtime |
| Reconciliation | Unified real-time ledger | Manual across 3+ portals |
| Balance visibility | All banks, one dashboard | Login to each portal separately |
| Payment routing | AI-optimized per transaction | Fixed to one bank |
| Rate limit handling | Auto load-balance across banks | Hit limits, payments fail |
| Webhook format | Normalized, same for all banks | Different per bank |
BankMesh Capabilities
AI Smart Routing
ML model evaluates cost (₹0.5-₹7 per txn varies by bank), speed (IMPS vs NEFT), success rate (last 1hr rolling), and bank health. Picks optimal path every time.
Instant Failover (<2s)
Bank API down? Auto-route to alternate partner in under 2 seconds. Zero manual intervention. Your customers never see a failed payment.
Volume Load Balancing
Distribute payment volume across banks to stay within rate limits. When Yes Bank hits 1000 txn/min cap, overflow routes to IDFC First automatically.
One-API, All Banks
POST /v1/payments works the same for Yes Bank, SBI, or HDFC. Add new banks without touching your codebase. Same webhooks, same response format.
Bank Health Monitor
Real-time per-bank dashboard: API response time (p50/p95/p99), success rate, error breakdown, uptime trend. Alerting when SLA degrades.
Infinite Deposit Capacity
Outgrown one bank's deposit limits? Add another to your BankMesh in a config change. Scale from ₹1 Cr to ₹1000 Cr monthly volume.
Cross-Bank Transfers
Move funds between your accounts across different banks via a single API call. Internal ledger settles instantly, bank transfer processes in background.
Normalized Statements
Bank statements from 10+ banks in one unified format. No more parsing different CSVs. Same columns, same date format, same categorization.