APIs (Application Programming Interfaces) can be tricky, but we walk you through every step of the way. Whether you’re first integrating with our API or working with us to tailor it to fit your unique needs, we’re here to help you better understand the ins and outs of the application that serves as the framework that provides structure for Transpay's Local Bank Transfer solution.
APIs aren’t as complicated as the name portrays. They are a framework for diverse software components to communicate and process information. At Transpay, we use a REST API, accessed via the internet. This application helps our clients process millions of payouts to their marketplace sellers, online travel agents, vendors and recipients. If you’re a business like eBay, Expedia, Airbnb or Shutterstock, you understand how tricky it can be to send hundreds or thousands of payouts a year.
So, how does our API stay ahead of the curve?
Once your business, sending at least 1 million USD in annual payouts, is integrated with our API, you’ll have access to our live FX rates, over 95% of bank accounts served, and real-time transaction statuses. Our integration process is streamlined, and we are constantly adding new features. These new API features are created by our Product Development team and from the suggestions of our clients themselves.
Our API delivers an automated, scalable solution and can be broken down in 3 easy steps.
When clients are sending hundreds of payouts a year, they are taking a deep dive into our API. This way, clients come up with API feature suggestions that could better help in their everyday business processes. Any time there is a new functionality requested, we collaborate with our Product Development team by evaluating the information and creating a new feature to best support our clients.
Over the past years, we have advanced our API for the better and many times, we can thank our clients for helping. Transpay’s API serves as the core of our Local Bank Transfer solution and is one of the many ways we stay ahead of the payments curve.