Digital Banking API Integration
Mercury’s API allows you to integrate our digital banking solution into your
business’s technology infrastructure – giving you the ability to create unique GBP
bank accounts for your customers.
Mercury’s API allows you to integrate our digital banking solution into your
business’s technology infrastructure – giving you the ability to create unique GBP
bank accounts for your customers.
Unlock the full potential of our API and create GBP bank accounts for your customer base. This allows your customers to financially interact with your company using GBP bank accounts held in their own names, whether your customers are individuals or companies.
Your clients will not see Mercury. They’ll interact with your technology experience as they do now. Mercury acts as the underlying, regulated banking provider. Every one of your clients can have a bank account held in their name which makes it easier for them to do business with you.
Avoid costly, error-prone and expensive settlements through client omnibus/pooled accounts. Connect to Mercury, digitally create client accounts and have instant GBP settlement through industry-leading technology.
With our Digital Banking API integration, you’ll be able to create GBP bank accounts for your customer base and digitally interact to receive and send Faster Payment and CHAPS payments. 1st and 3rd party payments, individual and corporate.
All GBP accounts are connected to the Faster Payment Network so all GBP payments in to or out of the accounts will settle near-instantly within the UK.
All client funds are always held within client-safeguarded accounts and deposited directly with the Bank of England. Enhanced security and safety for your customer funds.
Always know how much money your clients hold with you and digitally reconcile balances and payments in real-time.
Our expert teams will guide you through the integration process every step of the way and we’ll aim to have you operational in the shortest possible time.
If you’re looking to integrate our Digital Banking API solution into your business’s infrastructure, the first step is to get in touch with our team to discuss your needs and our technology capabilities.
An integration window will be assigned to you and Mercury will provide dedicated support as you integrate the APIs, go through sandbox testing and complete the test pack. We will then assist with the launch into production.
We will ask you to complete a customer activity questionnaire, our standard corporate onboarding and a technology fact-finding questionnaire. Assuming that we are aligned we will proceed to commercials.
Post ‘Go-Live’, our team will be available to provide your business with support to ensure that your clients and you, have a smooth launch. Beyond that, our team is always available to assist, answer any questions or help out with any problems.
Although we have a standard pricing framework, we know that no two companies are the same and so we’d like to discuss a pricing model that fits you and Mercury well. If we can agree on one, then we will move to integration.
“Mercury has been instrumental in streamlining our operations by providing seamless access to GBP accounts for our clients. Their technical expertise and commercial understanding stand out, and the team has been a pleasure to work with. We confidently recommend their services.”
Daniel Scott, Founder, CoinCorner
Mercury has always been a fan of the digital asset space, and we have some form in the area ourselves. We like it and we get it. If you have 100 or 100,000 clients and they need GBP bank accounts to interact with your business, be it a regulated exchange or a crypto-focussed payment service provider, or even a tokenisation play, we’d love to hear from you and see if we can solve your banking issues together.
Trade finance businesses orchestrate sophisticated invoicing and financing operations with multiple clients and counterparties around the world. By digitally indexing all GBP payments through an API and bringing these settlements within your technology environment, you can speed up the movement of money and drastically lower the costs and hassles of doing business.
Businesses required to make domestic payments can create accounts within their own environment and instantly settle GBP to thousands of wage earners at a faction of the cost. Mercury also offers bulk payment uploads in over 50 currencies for international payroll requirements.
Financial services firms like regulated stockbrokers, card providers, wealth managers and accountancy firms can create GBP bank accounts within their own environment to digitally index incoming and outgoing payments. Why operate with a single client-segregated omnibus account when every customer can have their own to make payments move instantly and easily without anything ever getting lost? Speed and accuracy equal higher returns.
Our company has several thousand clients and financial reconciliation is slow and expensive. Money goes missing for days, sometimes weeks, which is not good for business.
My company has one GBP bank account for all of our customer and client receipts and payments. I’m looking for a modern, digital alternative to manage GBP treasury.
My company operates in the digital asset space (crypto exchange, OTC and/or blockchain payments) and I cannot open bank accounts for my clients that will allow them to transact with my company.
Our company needs instant GBP payments inside the UK. We need to integrate digitally to reconcile all payments in and out and we need a client-money safeguarding ecosystem to protect client funds.
My company needs GBP and EUR accounts for customer client settlements.