PartyChoice

Electrum Regulated Payments Events API (26.1.1)

The Electrum Regulated Payments Events API is a synchronous API that describes the events emitted by the Electrum Regulated Payments platform during the course of transaction processing.

This document describes the single endpoint that you will need to implement in order to receive event notifications posted by Electrum.

As transactions are processed by Electrum, events are emitted to provide information about the status of the transactions and the operations preformed on them. These events do not affect processing, but provide information that can be used for operational support and monitoring purposes.

All events are posted to the same single URL. Event are differentiated by a unique descriptor contained in the name field of the message body. This descriptor serves to allow the receiver to determine whether the particular event is of interest.

URL

https://electrum.co.za

Electrum Support

support@electrum.co.za

License

proprietary

state

Transactions transition through different states. As each state is entered, an event is emitted. This event provides information about the state entered by the transaction. Included in this information is the message payload of the operation that triggered the state transition in the Electrum Regulated Payments. Note: The message payload attached to an event might be an internally-triggered message and not the message sent to or received from the Electrum Regulated Payments API.

InstitutionChoice

institutionobject(InstitutionIdentification)required

institution.additionalIdentificationsArray of objects(AccountIdentification)

institution.addressobject(PostalAddress)

institution.bicfistring^[A-Z0-9]{4,4}[A-Z]{2,2}[A-Z0-9]{2,2}([A-Z0-9...

A code allocated to a financial or non-financial institution by the ISO 9362 Registration Authority as described in ISO 9362 Banking - Banking telecommunication messages - Business identifier code (BIC)

institution.branchobject(BranchIdentification)

institution.clearingSystemMemberIdobject(ClearingSystemMemberIdentification)

institution.leistring[A-Z0-9]{18,18}[0-9]{2,2}

An organisation identified by a code allocated to a party as described in ISO 17442 Financial Services - Legal Entity Identifier (LEI).

institution.namestring<= 140 characters

Name by which an institution is known and which is usually used to identify that institution

institution.companyRegistrationstring<= 35 charactersDeprecated

A unique identifier assigned to a company or organisation by a duly appointed authority within a country.

institution.memberIdstring<= 35 charactersDeprecated

Deprecated. Please use the preferred clearingSystemMemberId.memberId instead. Identification of a member of a clearing system.

schemastringrequired

Value"INSTITUTION"

{
  "institution": {
    "additionalIdentifications": [ … ],
    "address": { … },
    "bicfi": "string",
    "branch": { … },
    "clearingSystemMemberId": { … },
    "companyRegistration": "string",
    "lei": "string",
    "memberId": "string",
    "name": "string"
  },
  "schema": "INSTITUTION"
}

PartyChoice

partyobject(Party)required

This model is the basic representation of a Party. It is expanded on depending on whether the party is a person or an organisation.

party.addressobject(PostalAddress)

party.contactDetailsobject(ContactDetails)

party.countryOfResidencestring(CountryCode)[A-Z]{2,2}

A code to identify a country, a dependency, or another area of particular geopolitical interest, on the basis of country names obtained from the United Nations (ISO 3166, Alpha-2 code).

party.identificationobject(PartyIdentification)

The identification of a party, either a person or an organisation.

party.knownAsNamestring[ 1 .. 140 ] characters

The name by which this party is commonly known in day to day use. For example, a shortening of their legal name or a nickname that they commonly use. This is "non-official". However, it is acceptable for this field to be set to the same as legalName.

party.legalNamestring[ 1 .. 140 ] characters

The legal name by which this party is known (the "FICA" name). This is the full name of the party as found on country-issued documentation (national identity, company registration documentation etc).

schemastringrequired

Value"PARTY"

{
  "party": {
    "address": { … },
    "contactDetails": { … },
    "countryOfResidence": "string",
    "identification": { … },
    "knownAsName": "string",
    "legalName": "string"
  },
  "schema": "PARTY"
}

PartyInstitutionChoice

institutionobject(InstitutionIdentification)required

institution.additionalIdentificationsArray of objects(AccountIdentification)

institution.addressobject(PostalAddress)

institution.bicfistring^[A-Z0-9]{4,4}[A-Z]{2,2}[A-Z0-9]{2,2}([A-Z0-9...

institution.branchobject(BranchIdentification)

institution.clearingSystemMemberIdobject(ClearingSystemMemberIdentification)

institution.leistring[A-Z0-9]{18,18}[0-9]{2,2}

An organisation identified by a code allocated to a party as described in ISO 17442 Financial Services - Legal Entity Identifier (LEI).

institution.namestring<= 140 characters

Name by which an institution is known and which is usually used to identify that institution

institution.companyRegistrationstring<= 35 charactersDeprecated

A unique identifier assigned to a company or organisation by a duly appointed authority within a country.

institution.memberIdstring<= 35 charactersDeprecated

Deprecated. Please use the preferred clearingSystemMemberId.memberId instead. Identification of a member of a clearing system.

schemastringrequired

Value"INSTITUTION"

Discriminator

{
  "institution": {
    "additionalIdentifications": [ … ],
    "address": { … },
    "bicfi": "string",
    "branch": { … },
    "clearingSystemMemberId": { … },
    "companyRegistration": "string",
    "lei": "string",
    "memberId": "string",
    "name": "string"
  },
  "schema": "INSTITUTION"
}

Electrum Regulated Payments Events API (26.1.1)

state

Schema

InstitutionChoice

PartyChoice

PartyInstitutionChoice