Skip to main content

Features

Version 1.8​

API allows for convenient and secure mass payouts and, additionally, the payment of taxes.

Guarantee payment balance​

In a nutshell:

  • you send a guarantee payment to Bank 131;
  • the Bank then executes your payout orders. The total of your payouts cannot exceed the guarantee payment you have deposited.

To perform payouts through the Faster Payment System, you need to open a current account in Bank 131.

You need to regularly check the balance of your guarantee payment balance using the wallet/balance method and top it up in advance via bank wire to the account specified in your agreement with the Bank. The wire takes 1 to 3 working days.

If the total of the payouts you have ordered to be performed using this API exceeds your guarantee payment, Bank 131 will not be able to perform the payouts.

To whom you can send payouts​

Any individuals and legal entities, sole proprietors, and self-employed.

For payments to the self-employed, you need to link the self-employed person to Bank 131, and then perform a payout with fiscalization via API.

Where you can send payouts​

Supported payout currencies​

Who can do this​

Sole proprietors and legal entities registered in Russia and abroad.

Getting started​

Sign an agreement with Bank 131, complete your legal entity KYC procedure with Bank 131, and complete the integration via this API. Where to begin

How to obtain card details for payouts​

If you have a PCI DSS certificate, you can collect bank card details for payouts on your side. If you do not have it, you can use our widget: the recipient enters their card details in the widget and you will receive a token which you can then use to perform payouts to this card.

Refunds​

If your payout fails , you are able to request a refund. The refunds are made within 5 days. For more information see here.

Settlement account​

You may perform mass payouts via API through the Faster Payment System with the funds on your current account. The funds is instantly credited to your current account and debited to the recipient's account. You may top up your current account with a bank transfer.

You may monitor the current account balance in your remote banking service account, the statement will show the payouts through FPS, as well as all other current account transactions.

Escrow account​

You may realize payouts from payers to beneficiaries using an escrow account. Before crediting funds to the escrow account, provide the Bank with the information about beneficiaries who own the funds.

The funds are instantly debited from your account and debited to the beneficiary's bank card.

You may monitor the escrow account balance in your remote banking system account. The statement will show all transactions for the account, including payouts. Additionally, the Bank will send you the daily payouts report.

Financial documents​

The Banks sends you daily and monthly reports about your payouts.

And the terms?​

Prices for payouts are fixed in your agreement with the Bank. You can discuss them with your manager. The limits vary depending on the payout method.