In November, we doubled down on payment automation with payment order automatic approval and introduced virtual accounts management into our platform.
Enabling payment order automatic approval
We are now enabling customers to skip the payment approval step when creating a payment order. It makes it possible to create payments faster for customers which already have approval rules in their app. To trigger a payment order automatic approval, the customer must add the parameter
auto_approval set to
true in the Create a payment order payload. Payment will be created in status
approved before being sent to the bank, while an event
auto_approved will be created and sent to the customer’s webhook.
Launching virtual accounts features
Since May, customers have been able to retrieve a bank transaction’s virtual account number and specify a virtual account number when creating an expected payment. Since July, the Numeral automatic reconciliation engine has been able to leverage the virtual account number of both expected payments and transactions to trigger a reconciliation. From now on, customers can create virtual accounts, link them to a bank account and assign them to a counterparty. The virtual account capabilities will soon be completed by new features enabling any customer to manage the lifecycle of their virtual accounts.
Interested to learn more?
Contact us to tell us about your payment operations project or learn more about Numeral. You can also read our API documentation and our October changelog.
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