Is there a way to let users transfer money to each other directly from their bank accounts inside my app?

Asked Apr 12, 2016· 1 answer ·Americas, Developed Markets, North America, United States

Faisal KhanAnswered Apr 12, 2016

Assuming for the US: There are two ways of doing this:

Intrawallet: i.e. all the funds are loaded to the wallet, and then intrawallet transfers happen.
ACH: You can initiate an ACH push, but for this some a priori bank account information would be required.

Account-to-Account Payments Payment Infrastructure Domestic Payment Schemes ACH Americas Developed Markets North America United States

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