Funds disbursement overview

Below are the steps of funds disbursement when you are ready to make or request a payment transaction

To send funds:

  1. Send the amount of funds to disburse via an API call.
  2. P2C confirms that there are funds available to make the transaction.
  3. P2C sends a request to the card networks to push funds.
  4. The issuing bank authorizes the transaction.
  5. Response is sent back to the merchant/submerchant with details of the transaction.
  6. The payee receives the funds.

To receive funds:

  1. Request the amount of funds to receive via an API call.
  2. P2C confirms that there are funds available to make the transaction.
  3. P2C sends a request to the card networks to pull funds.
  4. The issuing bank authorizes the transaction.
  5. Funds are sent to the payee.
  6. Response is sent back to the merchant/submerchant with details of the transaction.
  7. The payee receives the funds.

Did this page help you?