This API is designed for use by merchants and other businesses that want to process payments for their customers online, for instance, to purchase goods in online shops. This is separated part of API that provides methods to initiate payments within Forty Seven Banks for specific customers:
Internal transfer of funds from one account to another within Forty Seven Bank;
Send funds to another bank via SEPA;
Mass payments that will allow to send to many recipients at once;
Recurring payments (subscriptions) to collect payments periodically.
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