Business Bulk Payment Initiation API
With the Business Bulk Payment Initiation API, your customers can process their batch payments directly from their own bookkeeping system. They create their batches there, and then send them directly to the bank for processing.
Creating and sending batch payments directly with the Business Bulk Payment Initiation API
With the Business Bulk Payment Initiation API, your customers that have a business account with Rabobank can create and send batch payments directly to the bank via your application. Business Bulk Payment Initiation is part of the Rabo Bookkeeping API. An excellent addition for your company, and even more comprehensive support for your customers.
How does it work?
Customers with a Rabobank business account submit their batch payment orders to Rabobank via your platform. The Business Bulk Payment Initiation API makes it possible for them to send batch payments to Rabobank directly from your package. The only thing the customer needs to do is sign the orders via Rabo Business Banking.
To use Business Bulk Payment Initiation via your platform, the account holder must grant authorization for the use of their account details in your platform. The main features include:
The benefits of Business Bulk Payment Initiation API
Enrich your service package
Offering the Business Bulk Payment Initiation API in your bookkeeping system allows you to expand your product’s possibilities, which makes your platform more interesting for customers.
Fast and convenient payments
Batch payments can be created quickly and easily via the bookkeeping package. Automating administrative tasks like this saves the customer time. The only thing they need to do is sign the batch in Rabo Business Banking.
Insight and overview
With the API, your customers can easily organize their entire financial administration via your platform. The reconciliation of processed payments can also be done directly via the bookkeeping package. That gives your customer insight and overview in a single system.
How do you request the Business Bulk Payment Initiation API?
Sign in to the Developer Portal, create an account and register your organization. Please note: to use the API, you must have an active Rabobank account.
Subscribe to the Business Bulk Payment Initiation API.
Create your app in the Rabobank Developer Portal and test it your Sandbox account. Once everything works and has been tested, you can request ‘go live’.
Request ‘go live’ to activate the API. A Rabobank implementation manager will then contact you to arrange the contracts. Once the contracts have been signed, you can go live with the API and integrate it into your system.
Would you like to know more about Business Bulk Payment Initiation?
Would you like more information about the Business Bulk Payment Initiation, or do you have any questions?