Posted on 24th Feb 2021 6544 views
The payments converter has the capability to convert any payment messages to API requests to exchanges.
Integrate crypto payments or crypto purchase from within your system, ATM or Host for Bitcoin, Ether, and many other cryptocurencies.
Example connection flow from ISO8583 to Coinbase.com
As an example, we want to buy 50 USD worth of Bitcoin.
We can automatically check the price at the deired Exchange or several exchanges for the best price.
GET /products/BTC-USD/ticker
Check with the bank for the available funds to purchase.
neapay ISO8583 converter connection to the bank - exchange of messages for Authorization of funds - 50 USD
26-05-21 10:29:04:589:--------------------------------------------------***-------------------------------------------------- 26-05-21 10:29:04:590:ACQ: Test case: ISO8583-93-02-Authorization 26-05-21 10:29:04:602:ACQ: MessageType :0200 26-05-21 10:29:04:603:ACQ: Bitmap :F23C46D128E0B0000000000000000001 26-05-21 10:29:04:610:ACQ: F02_PAN :9876500000306082 26-05-21 10:29:04:611:ACQ: F03_ProcessingCode :010000 26-05-21 10:29:04:613:ACQ: F04_AmountTransaction :000000005000 26-05-21 10:29:04:613:ACQ: F07_TransmissionDateTime :0526102904 26-05-21 10:29:04:613:ACQ: F11_SystemTraceAuditNumber :005812 26-05-21 10:29:04:613:ACQ: F12_DateTimeLocalTransaction :102904 26-05-21 10:29:04:613:ACQ: F13_DateLocalTxn :0526 26-05-21 10:29:04:613:ACQ: F14_DateExpiration :3012 26-05-21 10:29:04:613:ACQ: F18_MerchantType :5961 26-05-21 10:29:04:613:ACQ: F22_POSDataCode :020 26-05-21 10:29:04:613:ACQ: F23_CardSequenceNumber :000 26-05-21 10:29:04:614:ACQ: F25_MessageReasonCode :00 26-05-21 10:29:04:614:ACQ: F26_CardAcceptorBusinessCode :53 26-05-21 10:29:04:614:ACQ: F28_DateReconciliation :000000000 26-05-21 10:29:04:615:ACQ: F32_AcquiringInstitutionIdenti:27610000001 26-05-21 10:29:04:615:ACQ: F35_Track2Data :9876500000306082=30121011123123000 26-05-21 10:29:04:616:ACQ: F37_RetrievalReferenceNumber :29043885 26-05-21 10:29:04:616:ACQ: F41_CardAcceptorTerminalIdenti:20390059 26-05-21 10:29:04:616:ACQ: F42_CardAcceptorIdentification:111120000012 26-05-21 10:29:04:616:ACQ: F43_CardAcceptorNameLocation :contact@neaPay.comAlmere-AmsterdamNeth 26-05-21 10:29:04:617:ACQ: F49_CurrencyCodeTransaction :840 26-05-21 10:29:04:617:ACQ: F51_CurrencyCodeCardholderBill:840 26-05-21 10:29:04:617:ACQ: F52_PINData :FEE8CA6A604F09F0 26-05-21 10:29:04:618:ACQ: F128_MAC :7902699be42c8a8e46fbbb4501726517e86b22c56a189f7625a6da49081b2451 26-05-21 10:29:04:618:--------------------------------------------------***-------------------------------------------------- 26-05-21 10:29:05:645:--------------------------------------------------***-------------------------------------------------- 26-05-21 10:29:05:646:ACQ: Message Received 26-05-21 10:29:05:647:ACQ: MessageType :0210 26-05-21 10:29:05:647:ACQ: Bitmap :723C46412EC0A000 26-05-21 10:29:05:648:ACQ: F02_PAN :9876500000306082 26-05-21 10:29:05:648:ACQ: F03_ProcessingCode :010000 26-05-21 10:29:05:648:ACQ: F04_AmountTransaction :000000005000 26-05-21 10:29:05:648:ACQ: F07_TransmissionDateTime :0526102905 26-05-21 10:29:05:649:ACQ: F11_SystemTraceAuditNumber :005812 26-05-21 10:29:05:649:ACQ: F12_DateTimeLocalTransaction :102904 26-05-21 10:29:05:649:ACQ: F13_DateLocalTxn :0526 26-05-21 10:29:05:649:ACQ: F14_DateExpiration :3012 26-05-21 10:29:05:650:ACQ: F18_MerchantType :5961 26-05-21 10:29:05:650:ACQ: F22_POSDataCode :020 26-05-21 10:29:05:650:ACQ: F23_CardSequenceNumber :000 26-05-21 10:29:05:650:ACQ: F26_CardAcceptorBusinessCode :53 26-05-21 10:29:05:650:ACQ: F32_AcquiringInstitutionIdenti:27610000001 26-05-21 10:29:05:651:ACQ: F35_Track2Data :9876500000306082=30121011123123000 26-05-21 10:29:05:651:ACQ: F37_RetrievalReferenceNumber :290438850000 26-05-21 10:29:05:651:ACQ: F38_ApprovalCode :308668 26-05-21 10:29:05:651:ACQ: F39_ActionCode :00 26-05-21 10:29:05:651:ACQ: F41_CardAcceptorTerminalIdenti:20390059 26-05-21 10:29:05:652:ACQ: F42_CardAcceptorIdentification:111120000012000 26-05-21 10:29:05:652:ACQ: F49_CurrencyCodeTransaction :840 26-05-21 10:29:05:652:ACQ: F51_CurrencyCodeCardholderBill:840 26-05-21 10:29:05:653:--------------------------------------------------***--------------------------------------------------
The currency can be detected directly via the Currency Codes mapping list. 840 is USD
https://neapay.com/post/iso8583-message-iso4217-currency-codes-field-49-field-52_42.html
Call to Coinbase.com Crypto Exchange to market buy Bitcoin.
{
"size": "0.01",
"price": "0.100",
"side": "buy",
"product_id": "BTC-USD"
}
Coinbase.com response
{
"id": "d0c5340b-6d6c-49d9-b567-48c4bfca13d2",
"price": "0.10000000",
"size": "0.01000000",
"product_id": "BTC-USD",
"side": "buy",
"stp": "dc",
"type": "limit",
"time_in_force": "GTC",
"post_only": false,
"created_at": "2016-12-08T20:02:28.53864Z",
"fill_fees": "0.0000000000000000",
"filled_size": "0.00000000",
"executed_value": "0.0000000000000000",
"status": "pending",
"settled": false
}
Then we transfer the crypto Bitcoin to the wallet of choice or leave it on user's account on Coinbase.com
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