APIs Used in System Design of Online Banking System

APIs are interfaces that allow one-of-a-kind software program components to communicate with every different components. In a Online Banking System it also permits various APIs facilitate seamless integration between microservices, external services, and the user interface. Some additives of API are as comply with:

  • Payment Gateway API: This API allows communicate a number of the payment processing microservice and external payment gateways. This API is make sure payment is processed to right user.
  • User Authentication API: It allows user authentication microservice to interact with different additives. It verifies user credentials at the time when person login in his device and also validate that only authorize person have access to system.
  • Notification API: It Facilitates communication among the notification microservice and its exceptional components. This API ensures that clients receive notifications when they perform any transactions.
  • External Services Integration APIs: It allows integration with external servicee which consist of banks, credit card networks, and identity verification services. These APIs permit the Online Banking System to have interaction with external entities securely.
  • Internal Communication APIs: It Facilitates conversation between distinct microservices within the price tool. These APIs make certain that unique element can interact and percentage their records internally.

System Design | Online Banking System

In the digital era, the layout of a Online Banking System is a critical element of any commercial enterprise, it not only affects user experience but also the growth of a service-providing company. This article explores the comprehensive guide to designing a Online Banking System for its efficient use. From practical and non-useful requirements to low-level and High-level design, we’ll delve into each aspect with a focus on readability and effectiveness.

Table of Content

  • Functional Requirements
  • Non-Functional Requirements
  • Usecase Diagram
  • Capacity Estimation
  • Low-Level Design
  • High-Level Design
  • Database Design
  • Microservices
  • APIs Used in System Design of Online Banking System
  • API Code Implementation
  • Scalability

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Functional Requirements | System Design | Online Banking System

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Usecase Diagram | System Design | Online Banking System

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Capacity Estimation | System Design | Online Banking System

You can estimate the system capacity by analyzing certain data like traffic, number of transaction are executing , number of new user joining platform etc. By analyzing whole data we can further calculate the required storage capacity for whole year. Here is the simplified calculation given:...

Low-Level Design | System Design | Online Banking System

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Database Design | System Design | Online Banking System

For Online Banking System, the database design will rely upon the particular requirements and features you need to enforce. Below is detailed description for database design of Online Banking System....

Microservices | System Design | Online Banking System

Microservices structure is an approach to software development wherein a large utility is decomposed into small, independently deployable services. Each microservice is accountable for a selected business functionality and communicates with different microservices through nicely-described APIs. In a payment device, microservices may additionally consist of:...

APIs Used in System Design of Online Banking System

APIs are interfaces that allow one-of-a-kind software program components to communicate with every different components. In a Online Banking System it also permits various APIs facilitate seamless integration between microservices, external services, and the user interface. Some additives of API are as comply with:...

API Code Implementation | System Design | Online Banking System

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Scalability | System Design | Online Banking System

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Conclusion

In conclusion, a well-designed Online Banking System can fulfill financial aspects of the organization. By using modular architecture, maintaining efficient database design, and providing clear communication through APIs can lead to foundation for successful digital payment ecosystem. It must be concluded here that you can System Design Online Banking System by considering all the discussed points in the article....