Payment Services
Payment Initiation Services (PIS)
BlockSettle initiates account-to-account payments on behalf of merchants. When a customer authorises a payment, BlockSettle communicates with the customer's bank via open banking APIs to initiate the transfer directly. No card network, no intermediary holding funds.
Use cases
- • E-commerce checkout
- • Recurring billing
- • B2B invoice payment
Account Information Services (AIS)
BlockSettle retrieves and aggregates account information from one or more banks, with the account holder's authorisation. This enables financial reporting, cash flow analysis, and account overview functionality.
Use cases
- • Transaction history
- • Balance aggregation
- • Financial reporting