Autodebit
AutoDebit API is an application programming interface (API) that enables a company to automate fund debiting from customer accounts to the company's account at specified intervals based on an agreement between the customer and the company.
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What is Autodebit
AutoDebit API is an application programming interface (API) that enables a company to automate fund debiting from customer accounts to the company's account at specified intervals based on an agreement between the customer and the company.
The AutoDebit API is used to facilitate the collection of periodic payments with a wide range of funding sources, such as receiving monthly bill payments, installments, or automatic fund receipts without manual instructions from the company.
To utilize the AutoDebit API, a company that has become a partner with BRI must register customer accounts and grant permission or authorization to BRI to access customer accounts and initiate debits using the AutoDebit API channel.
With the AutoDebit API in place, the company's fund collection process will be made more convenient.
In Practice :
- Make direct fund transfers from debit accounts on a regular and scheduled basis.
Benefit :
Recurring Payment Convenience :
Users can set up automatic payments for regular bills, such as electricity, water, or other service subscriptions. By using auto-debit, users do not have to worry about late payments, as the funds will be automatically withdrawn from their accounts on a predetermined date.Time and Effort Savings :
With automatic payments, users no longer need to remember to make manual payments every month. This reduces the time and effort required to manage bills, allowing users to focus on other more important things.
Available API for Autodebit
Here are some of the APIs we have for Autodebit .
Account Registration
Use this API to register the customer's account into the auto-debit system so that it can be debated regularly
Account Detail Update
Use this API to make changes to the customer's account details into the auto-debit system so that it can be debated regularly
Account Deactivation
Use this API to delete customer accounts from the auto-debit system so that it will not be debated regularly
Callback Debit Transfer Infromation
This Callback API serves to find out the amount of information and when the time will be deducted from user's account, so that the third party can deduct the account in varying amounts
Callback Debit Transfer Status Update
This Callback API serves to change the auto-debit status on the partner side so that the final user can find out the auto-debit status