Open-Banking / Bulk-Payment API Service

Open-Banking / Bulk-Payment API Service refers to standardized API endpoints offered by banks or fintech companies that enable authorized third parties to initiate single or bulk payment transactions programmatically. These APIs support high-volume, automated payment processing, often using protocols such as ISO 20022 for instant credit transfers. Designed for machine-to-machine communication, they facilitate efficient, large-scale fund movements and are commonly used for payroll, supplier payments, and other mass disbursement scenarios.