Borneo Transaction API
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Introduction
This page introduces the Borneo Transaction API
API Summary
The purpose of the Borneo Transaction API is to allow customers and third parties to request new transactions, as well as manage and retrieve details on existing transactions:
- Request Transaction
- Reverse Transaction
- Retrieve Transaction
Glossary
| Term | Description |
|---|---|
| Authorisation | A phase of a transaction in which approval to proceed is sought, and funds to the sum of the transaction amount are reserved, but where the transaction is not yet considered final |
| Authorised | Describes the state of a transaction which has undergone the authorisation phase of a transaction with successs but not yet the clearing phase |
| Cleared | Describes the state of a transaction which has undergone the clearing phase with success |
| Clearing | A phase of a transaction in which the transaction is finalised |
| Idempotency | The characteristic of an API whereby it can be called multiple times while only processing the business request a single time |
| Redemption | A type of transaction, representing a purchase |
| Reversal | A type of transaction whose intent is to update an existing transaction, so as to cancel or nullify it |
| Reversed | Describes the state of a transaction (which is not of type Reversal), which has subsequently been updated by a Reversal transaction. |