This service provides a first set of 3 APIs, related to SEPA instant payment, that can be embedded in your payment initiation process within your business system, allowing some automation, in a secure environment.
The payment request can be initiated directly from a business system (ERP, TMS, App, Website) with immediate status confirmation
With an automatic pre-approval process, the payment request can be automated with no manual intervention
In case the beneficiary bank is not reachable at the moment you want to send the transfer or that your payment is rejected for another reason, you can use the second set of APIs, related to SEPA Standard, as a back up solution.
Key features
Reachability check
Verify the counterparty’s reachability
prior to sending your payment
Payment initiation
Send a credit transfer (instant or not)
to a beneficiary
Payment status
Obtain information on your payment status
Use cases
Market place
As intermediary, make sure to pay the seller as soon as the good/service is delivered and paid by the buyer
Insurance claims
Allow advance pay outs to your clients, even during the weekend
Refunds
Refund your retail/e-commerce client immediately, making him happy and handling cases more rapidly
Salary advance
Allow eligible employees to receive a salary advance within seconds
