Payments
The platform supports three types of payments: Book Transfer, ACH, and Real-Time Payment (RTP).
Book Transfer
Book Transfers allow partners to move money internally from their FBO (For Benefit Of) account to a consumer’s account.
This is often used in the form of a cash advance or another type of monetary reward.
Funds can also be recaptured from the consumer’s account, enabling repayment or reversal when applicable.
See full details on how to transfer fund with card advance
ACH (Automated Clearing House)
ACH payments use the U.S. banking network to move funds between bank accounts.
They are best suited for standard deposits and withdrawals, offering a cost-effective but slower settlement option compared to real-time methods.
ACH is ideal when:
- You don’t require instant fund availability
- You want to support broad account coverage at low cost
Token scope required to perform this action is api:write | api:purchase:write
See ach api
Key points:
- Webhooks fire (e.g.
Payment.Ach.Created,Payment.Ach.Sent,Payment.Ach.Received)
Real-Time Payment (RTP)
Real-Time Payments deliver funds instantly to a consumer’s bank account.
This method ensures immediate availability, making it suitable for urgent transfers.
Key points:
- Consumers are charged a fee when using Real-Time Payments
- Consumer send funds from card to external bank accounts
- Webhooks fire (e.g Payment.Instant.Created)
Token scope required to perform this action is api:write | api:purchase:write
See RTP api to create an out bound request.