Settlement & fees model
The app will need maintain money in an account at the host client. Host client will debit that account at settlement cycles and remit to OnePipe, Polaris & ISO.
Model | How it works |
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Invoice | The client will invoice the calling app periodically for all calls to the endpoint. |
Process flows
Sequence of calls
App calls
/transact
with auth set to nullProvider responds with
WaitingForOTP
App calls
/transact/validate
to supply OTPProvider responds with any of the completion codes
Successful
orFailed
.To query the status of a transaction, the app can call
/transact/query
Gliffy |
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Special notes
This should be seen as a standard lookup service. All providers are required to execute settlement per agreed contracts to the account designated by the client bank.same flow works for Lookup Account Mid and Lookup Account Max