Why should I integrate the Availability of Funds API?
If you are a card issuer, the Confirmation on the Availability of funds, gives you the possibility to check in real time before you authorize card transaction to the acquirer or merchant, if your clients have enough available funds to honor a purchase the are doing.
With this API you may reduce the risk of being unable to recover the funds from your clients, after having guaranteed a payment to an acquirer or merchant.
This API can be accessed by authorized TPPs: PISPs and/or CBPIIs. CBPIIs are card issuers that do not hold the payment account of the User.
The TPP asks through this API for the Payment Account associated with the card, if a certain amount is available.
The Bank asks for the authentication of the client (SCA), and the User consent, and after confirmation of the User, then sends a Yes/No answer.
The TPP can then continue with the card operation, according to its business model. (eg. In an ecommerce Use Case, for confirming that there are enough funds on the payment account to support a certain transaction).
What are you waiting for?
To start exploring this API, go to the Sandbox.