EMI Plans V2

EMI plans (V2) API will help a merchant in getting a consolidated list of the EMIs enabled on the merchant MIDs across gateways. The response would cover:

  • Card EMIs (Standard, No Cost & Low Cost)
  • Cardless EMIs (Standard, No Cost & Low Cost)

Merchants need to configure the banks and tenure at JusPay’s end for which they wish to provide NO/ LOW Cost EMI to their users. Also if the gateway don't have their own EMI Plans API, then the merchant need to provide the EMI Plans to JusPay. And accordingly, the API response would cover the scenarios.

The response of the API can be directly consumed by the merchant to show the monthly EMI amount and the interest levied to the end customers on the merchant checkout page. The merchant need not do any calculation even in case of Low/ No Cost EMI.

OrderBasket

NameDataTypeDescriptionMandatory
productAmountNumberTotal Product AmountYes
productIdStringProduct IdentifierYes

Response Parameter Details

NameDataTypeDescription
cart_amountStringTotal order amount
emi_plansArray EmiPlansDataList all the EMI Plans supported by underlying PGs
emi_typeStringSTANDARD_EMI/ LOW_COST_EMI/ NO_COST_EMI
card_typeStringCREDIT/ DEBIT/ CARDLESS
payment_methodStringCARD/ FLEXMONEY/ ZESTMONEY/ SHOPSE
payment_method_typeStringCARD/ CONSUMER_FINANCE
issuersArray IssuersList of Issuers providing EMI Plans to customer

Issuers

NameDataTypeDescription
emi_bankStringEMI Bank Identifier
issuer_nameStringName of Issuing Bank
juspay_bank_codeStringJusPay Bank Code
tenuresArray TenuresList of Tenures supported by the issuing bank

Tenures

NameDataTypeDescription
additional_processing_feeStringAdditional Processing Fee levied by certain issuers for EMI transactions
bank_interest_rateStringInterest Rate for specific tenure
tenureStringTenure in months
total_amount_payableStringTotal amount payable by customer inclusive of
interest amount
total_interest_amountStringTotal interest amount payable by customer
total_monthly_amount_payableStringTotal monthly EMI amount payable by customer
total_instant_discount_amountStringInstant Discount, if applicable
total_cashback_amountStringCashback Amount, if applicable
product_detailsArray ProductDetailsList of all products supported for the particular
combination
supported_gatewaysArray
SupportedGateways
List of gateways supporting the EMI Plans

ProductDetails

NameDataTypeDescription
productIdStringProduct Identifier
productAmountStringTotal Product Amount
bankInterestAmountStringTotal interest amount payable by customer
emiInstantDiscountAmountStringInstant Discount, if applicable
emiCashbackAmountStringCashback Amount, if applicable

SupportedGateways

NameDataTypeDescription
gatewayStringGateway Name
gateway_idNumberJusPay Gateway Identifier
Language
Authorization
Basic
base64
:
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