Transaction Management APIs
Transaction Management APIs
The Transaction Management APIs facilitate the execution, tracking, and reconciliation of financial transactions within the ledger system. These APIs handle key financial activities such as creating instructions, managing postings, and tracking fund movements between accounts and wallets. By providing structured and auditable transaction workflows, these APIs ensure accuracy, compliance, and efficiency in financial operations.
1. Instruction Management
Instructions are high-level transaction requests that group multiple financial activities into a single operation. They define the execution order and dependencies of multiple postings. For example, a payroll instruction may bundle salary payments for multiple employees in a single request.
Check out the Instruction Management APIs here.
2. Movement Tracking
Movements track the actual flow of funds between accounts, wallets, or external systems. They ensure transparency in financial transactions and help detect discrepancies. For example, a company tracking refunds can use movement data to verify if funds were correctly returned to customer wallets.
Check out the Movement Tracking APIs here.
3. Posting Management
Postings represent individual transaction entries that update account balances. Each posting affects at least two accounts (debit and credit) and records the movement of funds. For instance, a customer deposit results in a debit from their bank and a credit to their wallet balance.
Check out the Posting Management APIs here.
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