Would you like to test out an API for processing payments? We have the ideal suggestion!

Several parties, each with their own interests and responsibilities, interact during the payment process. The person who sells the goods or services is the merchant, whereas the person who purchases them is the buyer. The seller must confirm that the customer has sufficient funds available in their account to cover the purchase. A person who sells goods or services can also be a merchant. An individual or organization that sells products or services to another individual or organization. The payment procedure and delivery of the products or services are the merchant’s responsibility.

In this regard, International Transactions APIs are APIs that enable programmatic access to payment-related data. This indicates that you can both make your own payments and access information about previous ones. For individuals that need to process payments online or in mobile apps, these APIs are very helpful. They make it simpler for you to build your business and attract more clients by enabling you to accept a variety of payments.

There may be restrictions on the customer’s bank account with their local bank in this situation. Due to these limitations, it could be difficult to make payments because the money could be returned. To get around this issue, you can utilize an API to confirm the account is active and able to take payments before making a payment.

In our opinion, the best API for processing payments is the SWIFT – IBAN – Routing Bank Checker.

SWIFT – IBAN – Routing Bank Checker

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.

One of the main benefits of this API is its ability to validate SWIFT codes. SWIFT codes, which are used as distinctive identifiers to ease international transactions, must be exact in order to guarantee that money is transmitted to the appropriate individual. Using the Bank Codes Lookup API, you can quickly confirm the validity of SWIFT codes to make sure that money is always sent to the right place.

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 provides access to the “Routing Bank Checker,” “IBAN Code Checker,” and “SWIFT Code Checker” endpoints. Choose from among them the one that most nearly matches your requirements for what you’re looking for. How the “IBAN Code Checker” will work is shown in the following illustration:

{
"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 establishes the accuracy and Portuguese origin of the bank information and IBAN number.

The routing bank number is another essential component of financial transactions, and you can quickly verify it with the help of this API. Routing bank numbers are used in the US to identify financial institutions and manage transactions. By making use of our IBAN Codes API to validate Routing Bank Numbers, you may reduce the likelihood of errors and ensure that transactions are carried out promptly and correctly.