If you’re a developer and you want to find the best API for safe and secure payment processing, you might want to keep reading this post!

The significance of making payments is undeniable. We spend a lot of our time and energy thinking about how to make financial transactions more efficient and secure. In addition to being a service that’s available in almost every corner of the world, the use of digital currencies has grown by leaps and bounds in recent years. The ability to exchange money with other people using digital currency, such as Bitcoin, has made it much easier to make transactions.  However, when you’re conducting business online, you should be careful about who you’re dealing with and how they pay you.

Payment processors offer a variety of services, though. Some only work with a particular sort of business or specialize in processing a certain kind of payment. Therefore, research is crucial before making a decision. Fortunately, there are a number of tools available that can simplify this research. One of the most popular ones is a Banking Information API.

A set of instructions and protocols known as an application programming interface (API) allows two software programs to communicate with one another. Application programming interfaces, or APIs, are a set of guidelines that specify how two programs can connect with one another in order to exchange data or make service requests.

You might get access to details about banks and their transactions by using the SWIFT-IBAN-Routing Bank Checker API. Companies that accept payments from consumers online frequently use this kind of API so they can keep tabs on the status of the transactions and make sure the money has been received properly.

SWIFT-IBAN-Routing Bank Checker API

Thanks to the SWIFT-IBAN-Routing Bank Checker API, developers now have a quick and simple way to check and retrieve information on SWIFT codes, IBAN codes, and routing bank numbers. Financial transactions could be expedited and error rates could be reduced by using this API to swiftly assess and check the accuracy of banking information.

Another crucial element of financial transactions is the routing bank number, and the Bank Codes Lookup API makes it easy to verify its accuracy. In the US, financial institutions are identified and transactions are managed using routing bank numbers. You may lessen the chance of errors and make sure that transactions are completed quickly and accurately by using this API to check Routing Bank Numbers.

The “Routing Bank Checker,” “IBAN Code Checker,” and “SWIFT Code Checker” endpoints are accessible through this API. Pick the one that most closely satisfies your specifications for what you’re looking for from among them. The “IBAN Code Checker” will behave as is indicated in the example below:

{
"status": 200,
"success": true,
"message": "PT50000101231234567890192 is a valid IBAN",
"data": {
"iban": "PT50000101231234567890192",
"country": "Portugal [PT]",
"sepa_country": "Yes",
"checksum": "50",
"bban": "000101231234567890192",
"bank_code": "0001",
"branch_code": "0123",
"account_number": "12345678901",
"check_digit": "92",
"bank_details": {
"swift_code": "BGALPTTGXXX",
"bank_name": "BANCO DE PORTUGAL",
"branch": "SISTEMAS DE PAGAMENTOS",
"address": "AV. ALMIRANTE REIS, 71 EDIFICIO PORTUGAL",
"city": "LISBON",
"zip": "1150-012"
}
}
}

As you can see, the response shows that the bank’s details and the IBAN number are both accurate and from Portugal.

All You Have To Do To Utilize It Is:

• Go to SWIFT – IBAN – Routing Bank Checker API and simply click on the button “START FREE TRIAL” to start using the API.
• After signing up in Zyla API Hub, you’ll be ready to start using the API!
• Employ the different API endpoints depending on what you are looking for.
• Once you meet your needed endpoint, make the API call by pressing the button “test endpoint” and see the results on your screen.

This API must be used by everyone participating in financial transactions. IBAN codes, SWIFT numbers, and routing bank numbers are vital pieces of information that this API makes available to customers, helping to speed up transactions, reduce errors, and improve the accuracy of financial data. Whether you run a small business or a large financial institution, the IBAN Codes API may help you achieve your financial goals quickly and accurately.