The Transactive API has:
- a limited number of configuration entities, which you use to tailor Transactive to your needs
- a potentially unlimited number of operational entities, which are the result of your business activities
Details about your contractual relationship(s) (currently only one allowed) with Transactive, including approved products, pricing and limitations/constraints if applicable.
Members of your staff that are allowed access to Transactive.
System principals (programs/apps, not humans) that are allowed access to Transactive.
Your Transactive virtual bank account(s), to and from which Payments are routed, and from which fees are paid. Each Account has a balance and a list of entries. Each entry can be traced to a single Payment.
Activities occur on an account. Activities include deposit, fee, payout, transfer out and reversal.
Role-oriented permissions, used to control what Contacts and Applications can do and see.
Permission to direct payments to, and receive payments from, specific bank accounts.
URLs/endpoints in your own software system(s). Transactive will send event notifications to these Webhooks, e.g. the arrival of an inbound Payment.
Transfers of funds to and from your Accounts.
Payment-related principal or fee amounts posted to Accounts. A Payment may result in multiple entries in multiple Accounts.
Significant Payment events, e.g. the arrival of a new inbound Payment.