Payment API
A payment API allows software applications to programmatically initiate, track, and manage payments without manual intervention.
A payment API (Application Programming Interface) is a set of endpoints that allow software to interact with a payment platform programmatically. Instead of manually uploading CSVs or clicking buttons in a dashboard, developers can build automated workflows that create payments, check statuses, receive webhook notifications, and reconcile transactions.
Payment APIs are essential for: marketplace platforms paying sellers automatically, SaaS companies paying affiliate commissions, staffing agencies paying contractors at scale, and any business embedding payments into their own product.
Bitwage's white-label API enables platforms to embed global payout capabilities into their own products. Create a contractor, initiate a payment, receive settlement confirmations via webhook — all from your application code.
Payment API FAQ
Common questions about payment api in the context of international payments.
Create contractors/vendors, initiate single or batch payments, lock FX rates, track payment status, receive webhook notifications on settlement, and export reconciliation data. See api for full documentation.
More ERP & Integration Terms
Expand your knowledge of international payment terminology.
EDI (Electronic Data Interchange) for Payments
EDI is a standardized format for electronic exchange of business documents (invoices, purchase orders, payment instructions) between trading partners in machine-readable format.
ERP Integration
ERP integration connects Bitwage's payment platform to enterprise resource planning systems like NetSuite, Sage Intacct, and Dynamics 365 for automated payment sync and reconciliation.
NetSuite Integration
NetSuite integration connects Bitwage directly to Oracle NetSuite ERP for automated international payment execution and two-way reconciliation sync.
Payroll Integration
Payroll integration connects Bitwage to HRIS and payroll platforms like ADP, Gusto, and Rippling to automate crypto benefit allocation and contractor payment sync.
Straight-Through Processing (STP)
Straight-through processing (STP) is the automated processing of financial transactions from initiation to settlement without any manual intervention.
Webhook
A webhook is an HTTP callback that sends real-time notifications to a specified URL when a specific event occurs in an application — enabling instant integration between systems.
iPaaS (Integration Platform as a Service)
iPaaS is a cloud-based platform that enables non-developers to connect different software applications through pre-built connectors and automated workflows without custom coding.
Ready to Put This Into Practice?
Bitwage handles the rails, compliance, and FX — so you can focus on your team.