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Yes, it is mandatory for Partners to utilize a 32-byte random (alpha-numeric) key to symmetrically encrypt the complete API request payload. A new value of this 32-byte random key needs to be generated for each API requested by the Partner.
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Answer

Yes, it is mandatory for Partners to utilize a 32-byte random (alpha-numeric) key to symmetrically encrypt the complete API request payload. A new value of this 32-byte random key needs to be generated for each API requested by the Partner.