Simplify rewards and bonuses with the Tremendous money transfer API

If your business sends a high volume of research incentives, employee rewards, rebates, or other types of payouts to recipients, you’ll benefit from a money transfer API. 

Money transfer APIs enable your business to send and receive payments programmatically. They automate payout processes, saving you time and money. 

Perhaps most importantly, money transfer APIs are secure. They typically include built-in security measures like encryption, rate limiting, and authorization controls designed to protect your business against hackers. 

The Tremendous money transfer API is built for businesses sending funds to individuals around the world. It’s a great option if you’re sending funds to people who have different preferences for how they want to receive money. Recipients can redeem their payout via direct deposit, Venmo, or PayPal transfer. 

Plus, our straightforward API docs optimize for ease of integration, so even developer teams of one can connect to our API in a matter of days.

In this guide, we'll break down how Tremendous’ money transfer API works. 

Key features of our money transfer API 

Below is a list of key features that enable our API to send rewards, incentives, and payouts efficiently and securely. 

Authentication

Our authentication methods ensure that only authorized parties can initiate transfers.

We support two methods of authentication: API keys and OAuth 2.0. 

API keys give you programmatic access to your Tremendous account. Over 95% of Tremendous integrations use an API key.

OAuth 2.0 is mostly useful for platforms, which handle transactions for multiple organizations. 

Monetary options

Our API gives organizations the option to send cash in three ways:

• ACH

• PayPal

• Venmo

We collect ACH, PayPal, and Venmo account information from recipients and protect it with multi-layered security. Your business cannot view or access this information. 

Support

While connecting to our API, your team gets access to support from a senior engineer on the Tremendous team. 

Engineers typically respond to any questions or issues within a day.

API documentation

Our API docs were written by developers, for developers. 

We focus on ease of integration, performance, and security so you can integrate quickly, smoothly, and confidently. 

Reporting

You can pull payment history, order history, and invoices with the Tremendous API.

You can also add custom data to rewards for searching and tracking purposes – and even use the values provided in message copy. 

Delivery

Recipients may prefer to receive rewards in different formats. 

With the Tremendous API, you can deliver rewards in three ways:

• Email: Tremendous emails the recipient. 

• Link: Tremendous generates a link, which you deliver to the recipient. 

• SMS: Tremendous sends an SMS (text message) to recipients.

If you’re unsure of which delivery method to use, start with email. It’s the default preference for most recipients. 

Customization

You can customize the copy, branding, and design of automated rewards with our API.

Benefits of using Tremendous' API for money transfers 

Below are a few reasons to use Tremendous to send payouts in bulk. 

Efficiency 

The Tremendous API automates payout processing at scale. Instead of manually initiating payout transfers individually or in ad-hoc batches, the API triggers payouts automatically. 

This frees up your financial and administrative teams to focus on high-value tasks rather than cumbersome manual payout processes. 

Introducing automation into payout processing also allows for faster processing times, improving cash flow. 

Plus, because the Tremendous API reduces the need for manual input, you can significantly reduce the likelihood that manual errors will delay payment to recipients. 

Visibility

With Tremendous, you also benefit from real-time transaction status updates. You can see whether a payout has gone through in the Tremendous dashboard and quickly spot and resolve any delivery issues. 

The Tremendous API also gives you visibility into historical data. The dashboard includes tracking and reporting features displaying how much your business has sent and spent over time. 

Security

Tremendous’ infrastructure, product features, and internal processes are designed to keep your data and money safe. Our API is no exception.

API keys are one-way encrypted. No one can access them after they’re created – not even the Tremendous team. 

We also sign webhook payloads so listeners know messages haven’t been tampered with in transit. This acts as a means of verification, ensuring the data comes from a trusted source. Think of it as a digital seal that authenticates the message and its origin. 

Additionally, multi-factor authentication ensures that only authorized users can access Tremendous accounts.

For a complete look at how Tremendous protects sensitive data in transit and at rest, read more about how we handle security. 

Scalability

One of the biggest advantages of using a money transfer API is that it easily scales with your business. 

Where manual processes become increasingly difficult to manage as you grow, sending payouts via API is consistently seamless. 

The Tremendous API can handle significant increases in volume without any additional manual effort or system changes. 

How it works 

The Tremendous API acts as an intermediary between your application and banking systems. It translates your code's instructions into actions financial institutions can understand and execute.

Here’s the basic flow:  

• Your application sends a request to the API

• The API authenticates the request

• The API formats the data for the banking system

• The banking system processes the transaction

• The API receives a response from the banking system

• The API sends the response back to your application

This process happens in real-time, often in a matter of seconds.

Start sending payouts at scale today

While money transfer APIs offer powerful capabilities for moving funds, they typically require significant development resources to implement and maintain. For businesses looking to send rewards, incentives, or payouts at scale, Tremendous offers a simple solution. 

Our API simplifies the process of sending payouts to recipients worldwide, handling currency conversion, compliance, and recipient choice. With support for over 200 countries and 2,000+ reward options, Tremendous makes it easy to delight every recipient.

Our straightforward API documentation helps you build your integration quickly and smoothly. If you have questions, our technical team is ready to help.