PISP (Payment Initiation Service Provider API) APIs offer retailers another way of taking online payments. These service providers let shoppers pay directly from their bank account. Users do not give a bank login details to a merchant, or, vice versa, the merchant user’s login details to the bank account. Users simply give permission to the merchant to execute payments on the user’s behalf via the bank account.
This template serves as an API implementation best practice for how Process and System APIs can be abstracted with a light-weight RESTful interface.
Accelerator for Banking
This API implementation is one of many components included in Accelerator for Banking. This template provides organizations with connectivity assets that accelerate project delivery in financial services, including pre-built API designs and implementations that support core banking business processes.
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