Platform introduction
Open Payments Platform
The Open Payments Platform marks a milestone in the emerging space of Open Banking as we now can offer our customers the full scope of PSD2, covering private and corporate accounts for all supported banks.
The documentation cover general information on our platform as well as specific information you will need to successfully integrate your solution and your customer journey with our REST API. We welcome developers to dig in and start making revolutionary new solutions, tools and services using our unified API.
What can you do?
We have integrated our platform with the banks' APIs, and no matter their version or standard of API we present a unified, harmonized API to you. The service is white labeled, meaning you own your customers journey. How you decide to present the customer-journey to your client is your choice and your brand. We provide a way to handle authorization of a payment, or access to account information, behind the scenes.
How can you learn?
We have included tutorials and API references for you on how you can get started using our services. Those include step by step instructions on how you will interact with the platform.
Overview
Our Open Banking platform provides three main building blocks on which you can build your application.
ASPSP (Account Servicing Payment Service Providers). Most of these would be called banks in everyday language. This service makes it possible to discover what banks are available for a certain country and what capabilities those banks have in the Open Payments ecosystem.
Then we have Account Information Service where it is possible to list accounts for a PSU (Payment Service User) or corporation, as well as get detailed account information, balances and transaction information.
Finally there is the Payments service, we support a wide variety of payments, including domestic, future, recurring, sepa, and international transactions. For most banks, we support both single payments and signing multiple payments in one go using the Signing Baskets service.
Standards
The Open Payments API is based on the Berlin Groups NextGen specification. This common API standard was developed to create uniform and interoperable communications between banks and TPPs. If you have a previous integration to a NextGen-inspired API, it should work with our platform with little to no adaptation.
For practical purposes we have broken the specification up in their separate parts corresponding to the building blocks described above.