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Super stupid question, but this must have some kind of authentication, right? Where is that part?
by 101008 2y ago
Super stupid question, but this must have some kind of authentication, right? Where is that part?
- deleted 2y ago[deleted]
- abimaelmartell 2y agoThat code sample is basically how ISO20022 works, you create a file with instructions to move money from one account to another. You would need to upload that XML to a bank to actually process the transaction. There are other formats like NACHA (US only), where you have to generate a text file with a pretty specific format, and upload that, often via sFTP to the Bank's server to process.
- nsonha 2y agoas some other comment has pointed out, this is not a payment library at all. It's simply an XML document builder for a specific payment description format, and doesn't actually facilitate a transaction.
- svapnil 2y agoThe most straightforward way this is done is by SFTP'ing into banks. Check out step 4 here! https://docs.iso20022js.com/quickstart#step-4-send-the-payment-initiation-message-to-the-bank https://docs.iso20022js.com/quickstart#step-4-send-the-payme...