Bancbox

How it Works – The BancBox Difference

  Simple APIs that allow you to Collect, Store and Send Money
 

BancBox is a payment services platform that helps businesses collect, store and send money from within their mobile or web applications. Our simple banking APIs give you full control of your user experience and lets you integrate payment services securely and compliantly from our customizable platform.

We are a trusted expert with years of payment operations experience, and have opened over one hundred thousand consumer accounts and processed billions of dollars in payments.

  A One-Stop Shop
 

Whether you are looking to accept payments, create e-wallets for your users or transfer funds between accounts or providers, BancBox provides you all that you'll need right from a single platform. No headaches and no complex integrations.

  Simple and Compliant
 

The BancBox platform meets all regulatory standards. We're PCI compliant and can provide money transmitter license compliance when needed. With BancBox, you won't have to worry about legal requirements because we've already done that for you.

  How it Works – Collect
 

We're much more than a payments portal - we're a complete payments services platform that lets you collect money in a variety of ways. Whether you're trying to add credit card processing to your mobile application or wanting to create complex multi-party payments to an online marketplace, BancBox is all that you need to easily, effectively and compliantly collect payments.

  • Process Credit Card Payments
  • Accept Wire Transfers
  • ACH Debits and Credits
  • Checks, Wires & Moneygrams
  • Multi-Party Transactions
  How it Works – Store
 

For many companies, you need more than payment processing. You need a secure place to store money. With BancBox, you can create stored value accounts. These accounts can be used as e-wallets for your customers, operational accounts for your business, or just as a bank account to be used any way you see fit.

Each stored value account comes complete with full ledgering and reconciliation functionality so you and your customers can see activity and balances in real time. You have full control on how many stored value accounts you create - whether it be an account for every customer or just a single account for your company. Because we follow the same regulations as banks.

 

The BancBox platform meets all regulatory standards. We're PCI compliant and can provide money transmitter license compliance when needed. With BancBox, you won't have to worry about legal requirements because we've already done that for you.

  How it Works – Send
 

BancBox lets you do even more with your applications and services by giving you a robust suite of tools that let you send money easily. Our APIs give your apps new possibilities by automating money transfers, integrating bill pay functionality and so much more. With BancBox you can...

  • Dynamically send checks without logging into your bank
  • Transmit money via ACH
  • Send funds to e-bill pay services
  • Connect to PayPal or other transmission methods

BancBox makes it easy to send funds between accounts or to other services in the way that makes the most sense for you, your customers and your partners.