Friday, 10 May 2013

Bank with clue?

I am looking for a bank that can provide me with any sort of real time electronic notification of incoming "faster payments".

Basically, I'm trying to find a way to make it easy for people to pay us for things using FP without the current manual checking process with our on-line banking.

I am not getting any where with google. So anyone got any clues?

I don't mind how it notifies: email, text (to and 01/02 number), SOAP/XML, or what, as long as we can, in some sort of real time, extract the details of incoming payments as they happen.

In an ideal world it would be SOAP/XML such that we can even provide the response message or even reject an invalid payment.

I have various business ideas that could make good use of this, including pre-pay data SIMs and so on.

10 comments:

  1. That would be fantastic, along with notification of incoming non faster payments. I generally give up on dealing with banks. Less flexible institutions I have not encountered.

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  2. I think HSBC can offer this ( http://www.hsbcnet.com/gbm/products-services/transaction-banking/integrated-banking.html ), but it gives the feeling of "quite expensive" to me. http://www.banklink.co.uk/ may also be able to help (I know our accountants, Crunch, use them for HSBC statement integration)

    If you do find a decent one, please let the world know!

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  3. yup. +1 for this. I asked them for this and they tried to sell me hsbcnet, which wouldn't do it anyway!

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  4. There's some kind of EU payment initiative: www.mybankpayments.eu
    It says it will support real time payment info. However, it will only help if most of the banks sign up to it, which they haven't yet; because a customer can only use it if their bank is in. The scheme looks like it is the incumbent's attempt to make a paypal-killer.

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  5. No chance you can script the login and check for new transactions by scraping their online banking every X minutes?

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    Replies
    1. Considered it but just not the same. We want people paying us and things like blocked DSL lines instantly start working, or blocked pre-pay data SIM instantly starts working, etc. Delaying to next poll even if 10 minutes is not on.

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    2. Have it log in and refresh the statement page every minute, 30 seconds or less?

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    3. Isn't FPS supposed to be "within 2 hours" rather than "instant" anyway?

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  6. Accept bitcoins! You could try https://bitpay.com

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  7. Have you tried contacting http://www.vocalink.com/products/payments/faster-payments-managed-service.aspx who appear to "manage" the whole Faster Payments system

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