Banks of Mongolia
Overview
Banks of Mongolia, a popular payment method in Mongolia, offers your customers a convenient way of receiving payouts. With Banks of Mongolia, you can and perform payouts by using Gate and Dashboard. Download the logo in the vector format here. |
Payment method type | Online banking |
---|---|
Countries and regions | Mongolia |
Payment currencies | MNT |
Currency conversion | On the Monetix side |
Purchases | |
Payouts | |
Stored credentials payments | |
Full refunds | |
Partial refunds | |
Chargebacks | |
Special considerations | The provider service processes requests only during working hours: Monday to Friday from 10 a.m. to 3 p.m. (UTC+8), except for national holidays. The requests submitted outside the working hours are processed the next business day. |
Onboarding and access fee | Contact your key account manager at Monetix for details. |
Operations support
Interfaces | Payment amount, MNT | Payment processing time | |||||
---|---|---|---|---|---|---|---|
Payment Page | Gate | Dashboard | minimum | maximum | basic | threshold | |
Payout | 50,000.00 | 200,000,000.00 | 1 minute | 1 hour |
You can check the payment amount limits in your project by using Dashboard. To check your payment amount limits, go to Dashboard, select the Projects section, and then click the Payment methods tab.
The following sections provide more information about the payment processing flow and the analysis of completed payments.
Payout by using Gate
General information
To perform a payout by using Gate with the Banks of Mongolia payment method:
- Send a request with all the required parameters and signature to the Monetix URL.
- Accept a callback with the payout result from the payment platform.
The following picture provides the details of the payout processing flow in the Banks of Mongolia payment method.
- The customer initiates a payout in your system.
- Your system sends the payout request to Gate.
- The Monetix payment platform receives the request.
- The payment platform checks whether the request contains all the required parameters and correct signature.
- The payment platform sends you a response in which it acknowledges your request and provides the request validation result. (For more information about the response format, see Response structure.)
- The payment platform processes the request and forwards it to the provider service.
- The provider service processes this request.
- The provider service informs the payment platform about the payout result.
- The payment platform sends a callback with the payout result to your system.
- Your system sends the payout result to the customer.
Request
This section provides the instructions on how to build the payout request through Gate by using the Banks of Mongolia payment method.
HTTP request method | POST |
Request body format | JSON |
API endpoint | /v2/payment/unify/banks/mongolia/payout |
Full API endpoint specification | /v2/payment/unify/{payment_method}/{child_payment_method}/payout |
|
||||
---|---|---|---|---|
Object | Parameter | Description | ||
general |
project_id |
Project ID you obtained from Monetix when integrating. Example: |
||
payment_id |
Payment ID unique within your project. Example: |
|||
signature |
Signature created after you've specified all the request parameters. To learn about signature generation, see Signature generation and verification. | |||
customer |
id |
Unique ID of the customer within your project. Example: |
||
ip_address |
IP address of the customer's device. Example: |
|||
email |
Customer's email. Example: |
|||
payment |
amount |
Payout amount in minor currency units without any decimal point or comma except for the cases when the currency doesn't have any minor currency units. If the currency doesn't have any minor units (i.e. the number of digits for minor currency units is zero), set this parameter to the amount in the major currency units. To check whether the currency has any minor units, see Currency codes. Example: 100,000.00
MNT must be sent as |
||
currency |
Code of the payout currency in the ISO-4217 alpha-3 format. Example: |
|||
account |
bank_id |
Customer's bank ID. For information about the list of the supported banks IDs, see Supported banks. Example: |
||
number |
Customer's account number. Example: |
|||
customer_name |
Customer's full name. Example: |
|||
You can also add any other optional parameters to the payout request, if necessary. For the list of all the parameters available in Gate, see API Reference. |
Here is an example of the data from a request to initiate a payout with the Banks of Mongolia payment method.
{ "general": { "project_id": 1234, "payment_id": "payment_47", "signature": "PJkV8ej\/UG0Di8hTng6JvC7vQsaC6tajQVVfBaNIipTv+AWoXW\/9MTO8yJA==" }, "customer": { "id": "customer_123", "ip_address": "198.51.100.47", "first_name": "John", "last_name": "Doe", "email": "johndoe@example.com" }, "account": { "number": "1234567890123456", "customer_name": "John Doe", "bank_id": 74802 }, "payment": { "amount": 10000000, "currency": "MNT" } }
Supported banks
In the Banks of Mongolia payment method, payouts are performed through the banks the payment method supports. You are required to specify the ID of the customer's bank in the payout request in the account.bank_id parameter.
The table below lists the banks available for payout in the Banks of Mongolia payment method.
Bank | ID |
---|---|
360 finance wallet | 74922 |
Ard credit wallet | 74932 |
Arig Bank | 74912 |
Bogd bank | 74882 |
Capitron bank | 74872 |
Chinggis khaan bank | 74862 |
Golomt Bank | 74842 |
Hipay wallet | 74992 |
Invescore wallet | 74942 |
Khan bank | 74802 |
M bank | 74902 |
Monpay | 74952 |
National investment bank | 74852 |
Netcapital wallet | 74962 |
State bank | 74812 |
Superapp wallet | 74972 |
Tdb app | 74832 |
Toki wallet | 74982 |
Trans bank | 74892 |
Xac bank | 74822 |
Note that the list of banks in the table is provided for informational purposes only. It may change without notice. To get the current list of banks, contact your key account manager at Monetix.
Callback
In the Banks of Mongolia payment method, the payment platform returns the payout result in a callback. For the information about the callback structure, see Callbacks in Gate.
The following is an example of a callback body with the information about a successfully completed payout.
{ "project_id": 1234, "payment": { "id": "payment_48", "type": "payout", "status": "success", "date": "2022-03-25T11:08:45+0000", "method": "unify", "sum": { "amount": 10000000, "currency": "MNT" }, "description": "" }, "operation": { "id": 29, "type": "payout", "status": "success", "date": "2022-03-25T11:08:45+0000", "created_date": "2022-03-25T11:08:05+0000", "request_id": "9e32835fb27907e0b08569d7d150e387a16a80e336c5117242b5cf60a4e17839", "sum_initial": { "amount": 10000000, "currency": "MNT" }, "sum_converted": { "amount": 10000000, "currency": "MNT" }, "code": "0", "message": "Success", "provider": { "id": 12345, "payment_id": "123abc123-123", "auth_code": "" } }, "signature": "U7HQO7ToISZhMPKdM4Xr4DSX2UuHp99rHrtaxkUKQtoYzFvoB3cs9CRd4xeYG2Q==" }
The following is an example of a callback for a declined payout.
{ "project_id": 1234, "payment": { "id": "payment_48", "type": "payout", "status": "decline", "date": "2022-03-25T11:20:30+0000", "method": "unify", "sum": { "amount": 10000000, "currency": "MNT" }, "description": "" }, "operation": { "id": 29, "type": "payout", "status": "decline", "date": "2022-03-25T11:20:30+0000", "created_date": "2022-03-25T11:19:53+0000", "request_id": "fff3d5f8d5d31bc460b68b57dc63f4b482e906eb", "sum_initial": { "amount": 10000000, "currency": "MNT" }, "sum_converted": { "amount": 10000000, "currency": "MNT" }, "code": "20000", "message": "General decline", "provider": { "id": 12345, "payment_id": "123abc123-123", "auth_code": "" } }, "signature": "J7W15rkqrLzTCD4HkoM4qoEnlVlf155QSlXJKR4m8C4z2iFYv58P4VnHANu445/jmY+g==" }
Related topics
Payout by using Dashboard
- single payout—you specify the currency and amount for a payout available for this method and fill in all the fields required for the selected payment method on the Dashboard pages.
- as a part of a mass payment—all the parameters are specified in a CSV file. Refer to the Payouts by using Gate section for the parameters required by your payment method.
Information about completed payouts is available for viewing in the Payments and Manual Payments sections of Dashboard.
For more information about payout processing by using Dashboard, see Performing payouts.
Analysis of payments results
As with other payment methods Monetix offers, when using this method, you have several options to analyze the information about payments and operations.
You can load and analyze all the necessary information in Dashboard (dash-light.trxhost.com
), for instance you can use the analytic panels in the Analytics section for this purpose.
Also, you can export the information for further analysis by using third party analytical tools. The following options are available:
- Dashboard allows you to download reports in CSV format by using the tools in the Reports section. You can perform export as a one-time or regular download of data to your local computer.
- Data API allows you to have payment information exported in JSON format and delivered to a URL you specify. The payment information is exported by means of sending requests to the /operations/get endpoint.
If you have any further questions regarding payment data analysis, contact Monetix technical support.