Fragmented Databases: Access Easily With Utility APIs

Earlier this year, we'd released a set of FREE utility APIs, which help individual developers, startups, and companies alike by being a one-stop-shop to check KYC IDs’ formats and search for an IFSC!How about we dive deep and know about them?

Why Utility APIs?

For most start-ups today, a significant part of the product roadmap is driven by their collective knowledge, and the remaining learning occurs from the feedback given by early customers. However, to implement that knowledge, teams need access to information, sometimes at their fingertips, to make informed actions that impact the revenue positively.At Decentro, we realized the importance of access to information when we started and realized its importance- not just for us but for any budding fintech.Thus, we’ve taken the first step in our efforts to consolidate & share the knowledge that will go a long way in helping emerging fintech gather information without incurring any additional costs. We developed these no-cost utilities based on our interaction with our initial customers.

From January 5th, 2021, these common utility APIs will be available for everyone to access.

In phase 1, anyone can use these APIs to  (currently supported – Aadhar/PAN/GSTIN) or check the branch details for an IFSC of any bank in the country.

From our experience, we understand that consumers can easily make mistakes while entering their ID numbers or, in some cases, even enter junk data. This becomes a major blocker in ID verification as valuable time & money is spent to perform the task again. These utilities verify whether the entered ID is authentic by checking its format as prescribed by the Government of India.In addition, IFSC search is also an important check not just from a business point of view but also from consumers’. Many a time, money transfer requests fail due to an incorrect IFSC. Having a preliminary check done for the same before initiating a eliminates any delay or loss.More features are slated to join this set pretty soon. So, keep an eye peeled for our newsletters! To know about the free utility APIs, here's . We hope our fellow fintech enthusiasts will find tremendous use from these. Do check them out and kindly shoot feedback & love in our general direction. It will help us make a better, more holistic product that you cannot stop raving about and recommending to your peers & colleagues.

As someone rightly said, “Knowledge grows only when you share it,” we hope to keep sharing our knowledge with you and make Fintech great again!

The dangers posed by the pandemic have not subsided yet. Do consider all the precautions suggested by the authorities and the medical experts to enjoy a safe onward journey to the future where these troubling times become just a passing topic of discussion.We hope you remain safe, your family in the pink of their health, and your goals for the next year, super achievable.From all of us here at Decentro. Thanks for reading!Cheers!Previously published on