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The only payment solution you need

Our all-encompassing API platform has been developed with the vision of streamlining the payments process for our clients - leaving you with more time to invest into your business. 

Industry experts have touted APIs as the next revolutionary innovation to disrupt the financial services and fintech landscapes. This concept follows similar trends and patterns to previous market-disrupting ideas such as 'cryptocurrency' and 'cloud computing'. APIs have been increasing in popularity exponentially over recent years and this serves as an effective indicator of its growth potential for the years to come.

 

Everything you need to know about API 

What is an API?

API stands for Application Programming Interface and operates as a digital intermediary which facilitates communications between two applications. 

The average person uses 10 individual APIs per day through various applications such as Google Maps and social media apps. These apps wouldn't be able to function without the API as this allows your phone to talk to the app and exchange information which is then displayed on your phone screen. In this modern digital era, APIs are an important part of everyday life. 

APIs are currently undergoing integration in significant industries across the world.

How are APIs used in the finance industry?

APIs are considered to have the capacity to completely reshape the future of the financial services industry by enabling partnerships between banks, fintech firms and other financial services providers, such as accountants or consultants. This is hoped to usher in a new age of 'open banking' via an ecosystem of interconnected APIs.

The possibilities of APIs are truly limitless as they can be used to amalgamate the capabilities of any existing applications such as digital wallets, blockchain or data analytics. The API pulls information from these different channels depending on its purpose and displays everything in one holistic user-friendly interface. 

APIs are versatile in nature and can therefore be used for a wide array of tasks. We have specifically engineered our API to streamline bulk payments and global payments for our valued clients. Find out more about our API below.

What is a RESTful API?

RESTful APIs refer to any API built using REST tech - 'Representational State Transfer' technology - which is generally preferred to its more robust counterpart SOAP tech - 'Simple Object Access Protocol' technology. RESTful APIs leverage less bandwidth which makes it the more suitable option for internet usage.

REST is a software architectural style which provides interoperability between computer systems on the Internet. They use HTTP requests to 'GET', 'PUT', 'POST' and 'DELETE' data which the REST server reads and then sends a response back to you, the client. 

What can I use API for?

Full-automation of the payroll system for your company
Full-automation of the payroll system for your company
Automate domestic and international payments to suppliers
Automate domestic and international payments to suppliers
Monitor exchange rates and automate conversions at a desired value
Monitor exchange rates and automate conversions at a desired value

Our interface is regularly updated with innovative and exciting new features. Here are just a few of our clients' favourite aspects of our platform...

Efficiency with ease

Efficiency with ease

Our API utilises 'Machine to Machine' efficiency which enables the platform to run seamlessly with your system through direct communications between machines without a human intermediary. This maximises the efficiency of the process and minimises the risk of human error.

Secure system

Secure system

Our API platform has been designed with a priority on a high level of security to keep your payments secure and reliable. Our API also allows for easy and secure access directly into the moneycorp back-end services which removes any delay between your request and the response.

Flexibility

Flexibility

Our API is extremely versatile and is used for an array of different tasks by our clients, depending on their requirements. We have a payment solution for all business models and can automate time-consuming tasks, allowing you to focus solely on your business.

Dedicated client support

Dedicated client support

Here at moneycorp we pride ourselves on a high quality client support system. Whatever the issue, a member of our team is here to assist you and ensure you are getting the most out of our platform.

Discover simplicity. Discover efficiency.

Upcoming Features:

Corporate Dealing
Corporate Dealing

Autonomous access to corporate dealing directly through our API platform 

BETA development

Beneficiary Validations
Beneficiary Validations

Validate a new beneficiary's bank details seamlessly while sending a payment without having to create and save a new beneficiary account on your recipients list

BETA release pending

Sub-account Opening
Sub-account Opening

Functionality to open a sub-account under the umbrella of your main account directly via our API  

In development queue

Notification Service
Notification Service

Implementation of a notification service to alert experts/carriers of new events such as when a payment is made or a new beneficiary is created and the ability to be called back on events  

BETA development

Endpoints Upgrade
Endpoints Upgrade

Upgrading the endpoints to allow users to view the funding details  

BETA release pending

Moneycorp RESTful API
Moneycorp RESTful API

Regularly updating features to enhance your user experience

Are there any requirements in order to open a moneycorp API account?

Yes, due to the nature of our platform we have a few conditions that must be met in order to join our API network:

  • You must have an active moneycorp account. 
  • You must be transferring at least 100 payments/month or £1,000,000 in foreign exchange/month.

When will my payments be delivered?

Payment delivery times differ depending on the currency requested and the time at which the payment was sent. Our payments are usually delivered within the day for common currencies but exotic currencies can take up to 1-2 days to be delivered. See our full list of currencies here

How do I integrate moneycorp API into my system?

Read our 'API Sandbox Documentation' to find out how to integrate our API into your system or contact a member of our team to speak directly to an expert who can walk you through the process and answer any queries you may have. 

Cutting-edge API technology

Cutting-edge API technology

Click below to download our 'Payment Solutions' brochure for more information on our API or sign up and get hands-on with our platform directly.

Download brochure Try our API

Read below to see a step-by-step guide to our API and discover how some of our established users have benefited from our platform

InvoiceFair is a leading Irish fintech providing real choice and alternatives for ambitious SMEs seeking funding. It enables SME's to release working capital within 24 hours. InvoiceFair has funded receivables worth over €350 million on their platform since 2015. They are revolutionising investment-sourcing in a unique way that promotes growth for SMEs by acting as a growth vehicle and supporting them on their journey towards financial freedom.

"moneycorp has been helping us scale up our operations for a number of years, so integrating with their API was the natural next step. Working with moneycorp's development team from the outset has been a great opportunity for us to provide practical feedback on what businesses want from the platform. As well as ensuring our customers receive funds quickly and more efficiently, the platform will be instrumental in helping us to continue scaling the business."

Helen Cahill, CEO of InvoiceFair

Click below to join our rapidly expanding community of over 800 existing users

At moneycorp we have a dedicated innovation hub purpose-built to enhance the user experience of our products and services

At moneycorp we have a dedicated innovation hub purpose-built to enhance the user experience of our products and services