B2B Virtual Account Payment - should supplier be i...

LV

Hello,

Considering B2B Virtual Account Payment Method, does the scheme mean that supplier must be integrated into the process or payment may be submitted to any, even unknown, supplier? May be it be foreign supplier?

Thanks in advance

Best,

LV

Sanobar

Hello LV,

The B2B Virtual Account Payment Method involves a suite of APIs which allows you to use virtual accounts to automate the process of paying your suppliers.

APIs Included

Supplier Service

The Supplier web service allows you to create, update, delete (disable) a supplier whom you would like to pay.

Account Management Service

The Account Management web service allows you to request accounts with specified authorization controls, manage the authorization controls on an account, get the security code (CVV2) of an account and obtain the status of an account requested from the processor.

Payment Service

The Payment web service allows you to make a BIP or SIP payment and manage it (Cancel or resend).

Single Use Account Pool Maintenance API

The Single Use Account (SUA) pool maintenance web service allows you to add, update or delete an account to an SUA proxy pool.

Regarding your question, you can use above mentioned API and CreateSupplier endpoint of the Supplier WS to create a supplier and optionally associate an account for the supplier. You can create the account directly at the processor (through the issuer) and pass it in the request.

please let us know if you have other question about this API, we are happy to assists.

Thanks

Sanobar

DVinayak

Does B2B allow cross boarder supplier payments as well?

API_Products

Hey @DVinayak,

Yes, B2B is cross border and supplier related. Please let us know if there's anything else we can help you with.

Thanks,

Diana

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API_Products

Hey @DVinayak,

I'd like to kindly follow up with you, to ask if you'd like further assistance or if we can help answer any other questions that you may have? Would you like help getting started with your project?

B2B Virtual Account Payment Method APIs (B2B VAPM) does support cross border supplier payments. Can you please provide us with details about your use case so that we can provide you with further assistance?

We think you may be a good fit for B2B Connect if your focus is cross-border.