Transfer from APIs

How to Use Rootshive's 'Transfer from APIs' Feature

Rootshive's Transfer from APIs feature is designed to provide a secure way to transfer funds to external accounts. Whether you’re integrating Rootshive into your business systems or creating automated workflows, this feature allows you to initiate and complete external transactions directly through API calls.

Below is a detailed explanation of how the feature works.

Step 1: Authenticate Your Account

Before you can initiate a transfer, you need to authenticate your Rootshive account. Authentication is a crucial security step that ensures only authorized users or systems can access the transfer functionality.

• You will need your API Key or Authentication Token (provided through the Rootshive platform).

• Use the API documentation to set up your authentication credentials.

• Once authenticated successfully, your system will have access to the APIs required for transfers.

Step 2: Authenticate the Transaction

Once your account authentication is complete, the next step is to authenticate the specific transfer request. This step ensures that each transaction is authorized and securely processed.

• Input the transaction details, such as:

  • Recipient Account Number

  • Bank Name

  • Transfer Amount

  • Transaction Reference

• The system will validate the request to ensure that all the required fields are correctly provided.

• For additional security, Rootshive may send a one-time passcode (OTP) to your registered contact or require an approval token for the transfer to proceed.

Step 3: Execute the Transfer

Once the transaction is authenticated, the funds are transferred from your Rootshive account to the specified external account. Transfers can be made to various banks or financial institutions outside the Rootshive platform.

• After initiating the transfer, you will receive a transaction status update, indicating whether the transfer was successful, pending, or failed.

• Rootshive ensures that all transfers are processed securely and promptly.

Step 4: Monitor Your Transactions

Every transfer made through the API is recorded and can be accessed via the Transactions page on your Rootshive dashboard. The transactions page provides detailed records, such as:

• Date and time of transfer

• Amount transferred

• Recipient account details

• Transaction status (e.g., Successful, Pending, Failed)

This feature allows you to monitor your financial activities and maintain a transparent record of all external transfers initiated via the APIs.

Conclusion

With Rootshive's Transfer from APIs, transferring funds to external accounts is now more efficient and secure. By authenticating both your account and each transaction, Rootshive ensures that your transfers are processed seamlessly while maintaining a high level of security. Whether you're running a business or managing personal finances, this feature simplifies the process of sending funds outside your Rootshive accounts.