Banky API
Banky API is a bank transfer payment processing platform that enables merchants and platforms to accept payments directly from customer bank accounts without requiring card details or sensitive financial information. Built on core banking infrastructure with KYC (Know Your Customer) verification, Banky provides a secure, fraud-resistant alternative to traditional card payments. Core capabilities include: (1) Payment Processing: Accept payments via direct bank transfer across multiple countries with support for various currencies; (2) Payouts & Refunds: Send money directly to customer bank accounts for refunds, payouts, and settlements; (3) KYC-Based Fraud Detection: Leverage bank-integrated KYC procedures to verify payers and reduce fraud risk; (4) Instant Settlement: Receive funds immediately to merchant accounts with no processing delays; (5) Real-time Notifications: Instant webhook and webhook notifications on payment status, settlements, and events; (6) Multi-Country Support: Accept payments from customers in multiple countries via their local banking systems; (7) Multiple Payment Methods: Support various bank transfer methods and payment channels; (8) Industry Compliance: Built on top of core banking security standards and regulatory requirements. Ideal for E-commerce, subscription services, travel platforms, gaming, and B2B payment processing seeking cost-effective alternatives to traditional payment methods.