From 816dee4cfb58658ac2c4dc1b8c19e1d61e359385 Mon Sep 17 00:00:00 2001 From: MS Date: Tue, 5 Jan 2021 19:11:19 +0100 Subject: note for Wire Gateway API --- taler-exchange-manual.rst | 7 +++++++ 1 file changed, 7 insertions(+) (limited to 'taler-exchange-manual.rst') diff --git a/taler-exchange-manual.rst b/taler-exchange-manual.rst index 1d308522..5c314aee 100644 --- a/taler-exchange-manual.rst +++ b/taler-exchange-manual.rst @@ -81,6 +81,13 @@ currencies such as USD or EUR. Similarly, the Taler exchange must interact with a bank. The bank of the exchange holds the exchange’s funds in an escrow account. +Note that, given the technical burden (XML-based communications, +additional cryptography, and a vast variety of standards) due to +interact with banks, the exchange uses a intermediary system to talk +to its bank. Such intermediary system abstracts the native banking +protocol by exposing the *Wire Gateway API*; this way, the exchange +can conduct its banking operations in a simplified and JSON-based style. + When customers wire money to the escrow account, the bank notifies the exchange about the incoming wire transfers. The exchange then creates a *reserve* based on the subject of the wire transfer. The wallet which -- cgit v1.2.3