This API is designed for use by merchants and other businesses that want to process payments for their customers online, for instance, to purchase goods in online shops. This is separated part of API that provides methods to initiate payments within Forty Seven Banks for specific customers:
- Internal transfer of funds from one account to another within Forty Seven Bank;
- Send funds to another bank via SEPA;
- Mass payments that will allow to send to many recipients at once;
- Recurring payments (subscriptions) to collect payments periodically.
Integration with Partners and Third Party Services
Bank is going to provide a comprehensive financial platform. This platform will allow our partners to build great financial services that are tightly integrated with core banking platform of Forty Seven Bank, but in the same place these partners and their third party services should satisfy any possible needs of our customers. All integrations with bank infrastructure is done via bank API.
Application Approval Process
Each third party application will be manually moderated by our bank personnel before inclusion into public KLEYN Bank App Store. Each application should conform to bank requirements and guidelines. We will carefully check that given application is bug free, secure and user friendly.
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