There are many types of APIs, one of the most common types are Web APIs, these APIs, otherwise known as Web Services, provide an interface for web applications, or applications that need to connect to each other via the Internet to communicate. APIs are in many sizes and shapes.
Tag: API
There are various ways to send money from one person to another. When doing a payment request, the merchant can specify which services he likes to use, or in some cases leave this choice to the customer. So a payment using the bank transfer service can also specify the Credit Management Service to have the payment engine send reminders to the customer if the payment is not completed.