Source: Shutterstock

AstroPay improves withdrawal process through customisable API

AstroPay will provide merchants with the ability to process withdrawals from a customisable API which adapts to individual requirements around security and velocity.

The new solution, AstroPay said, will offer companies the best support in “securely managing and facilitating their payment needs”. Merchants will be able to freely process withdrawals, offering customers a variety of local payment methods through AstroPay.

Mikael Lijtenstein, CEO of AstroPay, said: “Merchants want to offer customers the best experience possible with the ability to process withdrawals easily. Our withdrawal solution removes any friction without compromising on user experience. 

“The API is designed to adjust to any workflow and security checks the merchant has to undergo – it is highly flexible, reliable and easy to adopt.”

However, it is not just the merchants reaping the rewards, as end customers will also enjoy residual benefits from the API integration.

The payment solutions provider explained that the withdrawal solution is very easy to use, regardless of whether the user has an account with AstroPay or not. By following a series of simple steps, users can collect money into the wallet, which can be withdrawn or deposited. 

The flow for customers is simple; they can select the option to withdraw money with AstroPay at the merchant’s site without needing to enter any data, and then collect their money in their AstroPay wallet.

AstroPay currently supports two options to integrate this host-to-host API. Either the merchant wants to achieve a closed loop, which means they send the funds to the same user who deposited on the site, or the merchant opts to provide a cashout method for all users, which means they can transfer the money from the merchant into their digital wallet.

Check Also

SBC News Trustly’s journey towards modernising the UK’s gaming payments space

Trustly’s journey towards modernising the UK’s gaming payments space

Adding on to its strategy of increasing the value of gaming operators across the globe, …

SBC News CopyBet and TrueLayer shake hands on enhanced payments security

CopyBet and TrueLayer shake hands on enhanced payments security

London-based sports betting provider CopyBet has entered a new partnership with fintech TrueLayer that will …

Chrisotffer Odegarden

Christoffer Ødegården: Why Brits often prefer bank transfers despite clear downsides

In an era marked by rapid technological advancements and a myriad of payment options, bank …