The Paybase platform is a powerful and flexible end-to-end platform for payments, compliance and risk management.
Our API provides an extensive interface for accepting card and bank payments, safely on-boarding and verifying customers, holding funds, splitting payments and making payouts. With the Paybase API, you can customise your integration to achieve a payment flow in line with your business model and design the best solution for your customers. Some of the things you can do include:
- Accept card payments and inbound bank transfers
- Split funds between multiple accounts and collect fees
- Hold funds in escrow
- Make instant payouts in real-time
- Create e-money accounts for your customers
- Automate flows using custom Paybase Rules
Paybase use cases
The flexibility of the Paybase platform can be leveraged to support a wide array of business models and use cases including:
- Gig Economy - with real-time payments to reduce network leakage
- Sharing Economy - verify your community and add trusted escrow payments
- Marketplaces - both consumer and B2B
- Blockchain - fiat interoperability for exchanges and wallets
- Escrow - fully compliant escrow flows via API
Before you start
Before you start integrating with the API, you should consider the following as this will determine the endpoints which you will use. Not planning in advance might result in you implementing payment flows that are not optimised for your business model and having to do extra development work.
- Determine the participants on your platform that will be involved in the flow of funds and whether these will be individuals, sole traders or companies (e.g. if you operate a platform for booking temporary workers, the participants will be customers, workers and you, the platform).
- Think about how funds will flow between the various participants and whether you want funds to move automatically or manually (e.g. customers will make a payment to hire workers, you will receive a fee from the payment, workers will receive the balance payment).
- Decide if you want to accept card payments, inbound bank transfers or both on your platform.
- Decide whether you want to make payouts automatically or manually.
- Think about how and when you want to collect fees (e.g. fixed fee, percentage, upon receipt of incoming funds, on a payout etc.).