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.
Webhooks (also called "reverse APIs") allow systems to push data to another application the moment an event occurs, rather than requiring the receiving system to poll repeatedly. When an event fires (e.g., "payment_settled"), the source system sends an HTTP POST request to a pre-configured URL with event data as JSON payload.
For payment platforms, webhooks are critical for real-time reconciliation: when Bitwage confirms a payment has settled, a webhook fires to update the payer's ERP (NetSuite, QuickBooks) or HRIS (Workday, ADP) immediately — no manual checking required. Webhooks eliminate polling delays and reduce the engineering overhead of building payment status integrations. Bitwage's API exposes webhook events for payment initiation, settlement confirmation, rejection, and KYC status changes.
Webhook FAQ
Common questions about webhook in the context of international payments.
Yes. Bitwage's API supports webhooks for payment lifecycle events including initiation, settlement, failure, and KYC updates. This enables real-time ERP reconciliation and automated AP workflow triggers without polling our API.
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.
Payment API
A payment API allows software applications to programmatically initiate, track, and manage payments without manual intervention.
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.
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.
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