Do you want to try an API for payment processing? We have the perfect recommendation for you!

The payment process involves the interaction of several parties, each with their own interests and responsibilities. The merchant is the one who sells the goods or services, while the purchaser is the one who buys them. The merchant has to make sure that the purchaser has enough money in their account to pay for the purchase. The merchant can also be a person who sells items or services. It’s a person or entity that sells goods or services to another person or entity. The merchant is responsible for the payment process and the delivery of the goods or services.

In this sense, International Transactions API are APIs that allow you to programmatically access data regarding payments. This means that they allow you to retrieve information about payments, as well as make payments yourself. These APIs are especially useful for those who need to accept payments online or in mobile apps. They allow you to accept various types of payments, making it easier for you to reach more customers and expand your business.

It’s possible that the customer’s local bank has placed restrictions on their bank account in this case. It could be challenging to make payments because the money can be returned as a result of these restrictions. You can use an API to ensure the account is active and able to accept payments before making a payment to get around this problem.

The SWIFT – IBAN – Routing Bank Checker API is the top API for processing payments, in our opinion.

SWIFT – IBAN – Routing Bank Checker API

Developers now have a quick and easy way to verify and retrieve data on SWIFT codes, IBAN codes, and routing bank numbers thanks to the SWIFT-IBAN-Routing Bank Checker API. Using this API to quickly evaluate and confirm the quality of banking information could speed up financial transactions and lower error rates.

This API’s capability to verify the validity of SWIFT codes is one of its primary advantages. To ensure that money is transmitted to the right person, SWIFT codes, which are used as unique identifiers to facilitate international transactions, must be accurate. You can rapidly verify the legitimacy of SWIFT codes using the Bank Codes Lookup API, ensuring that money is always sent to the appropriate location.

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.

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 following illustration demonstrates how the “IBAN Code Checker” will function:

{
"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 proves that the bank details and IBAN number are accurate and originate from Portugal.

Another crucial element of financial transactions is the routing bank number, which you can rapidly verify with the aid of this API. In the US, financial institutions are identified and transactions are handled using routing bank numbers. You can lower the chance of errors and make sure that transactions are executed promptly and correctly by utilizing this IBAN Codes API to validate Routing Bank Numbers.