Increase

Modern banking infrastructure API providing direct programmatic access to ACH, Wire transfers, FedNow, RTP, and commercial accounts.

About Increase

Increase is an enterprise banking infrastructure platform engineered for technology companies and platforms requiring direct API-driven access to the United States financial clearing systems. The platform bypasses traditional intermediary software layers by connecting directly to the Federal Reserve and clearing house networks.

Through a unified REST API, Increase allows engineering teams to programmatically open commercial bank accounts, generate account and routing numbers, issue debit cards, and orchestrate high-volume funds distribution. The infrastructure is backed by real-time event webhooks, comprehensive sandbox simulations, and dual-entry accounting ledgers.

Key Features

Direct Rail Origination: Programmatic payment dispatch across FedNow, Real-Time Payments (RTP), ACH, and domestic wire transfers.
Account Generation: Real-time creation of commercial accounts, virtual account numbers, and routing profiles.
Event-Driven Webhooks: Instant notifications for card authorizations, incoming transfers, account changes, and payment returns.
Programmable Card Issuing: Issuance of virtual and physical debit cards with customizable authorization rules and spending constraints.
Idempotency Guarantees: Strict idempotency key support on all transaction and write endpoints to ensure safe retry logic.
Check Infrastructure: Programmatic check printing, automated physical mailing, and remote lockbox deposit capabilities.

Pricing

Next-day ACH Origination: $0.50/transaction Standard next-day ACH debit and credit transfer origination.
Same-day ACH Origination: $2.00/transaction Same-day settlement for eligible ACH network transfer requests.
Wire Drawdown Origination: $15.00/transaction Processing fee for outgoing domestic wire transfer drawdown requests.
Real-Time Payments (RTP): $2.50/transaction Real-time payment origination fee for instant clearing network transfers.
FedNow Origination: $2.50/transaction Instant payment dispatch and settlement via the Federal Reserve FedNow Service.
Lockbox Addresses: $20.00/address / month Dedicated physical lockbox facility address for receiving and digitizing paper checks.
Platform & Fintech Enterprise: Custom pricing/billing basis Custom monthly commitments, dedicated compliance frameworks, and tiered volume pricing for high-scale platforms.

Use Cases

Automating high-volume accounts payable disbursements and instant vendor payouts
Issuing programmable corporate expense cards with real-time balance limits
Building real-time marketplace settlement systems leveraging FedNow and RTP
Managing multi-tenant programmatic deposit accounts for software platforms

Pros & Cons

Pros:

Direct technical connectivity to Federal Reserve rails and The Clearing House
Transparent per-transaction pricing published openly for core payment rails
Robust developer tooling including typed SDKs, OpenAPI schemas, and realistic sandboxes

Cons:

Dedicated strictly to United States domestic banking rails without native SEPA support
Requires dedicated in-house technical engineering resources to implement and maintain

Integrations

Federal Reserve, The Clearing House, Visa, IntraFi Network, Modern Treasury

FAQ

What payment rails are accessible via the Increase API?

Increase provides programmatic access to FedNow, The Clearing House Real-Time Payments (RTP), standard ACH, same-day ACH, and domestic wire transfers.

Does Increase support instant payment rails?

Yes, Increase supports both FedNow and RTP networks for sub-second money transfer origination and settlement.

How does Increase handle API idempotency?

Every state-changing API request supports idempotency keys, guaranteeing that repeated calls due to network timeouts will never duplicate monetary transfers.