Account funding transactions (AFTs)

Introduction

Account Funding Transactions (AFT) are financial transactions that facilitate the transfer of funds between payment accounts. They are widely used to load or top up user accounts, digital wallets, perform internal fund transfers within a payment platform.

AFTs are a core component of payment orchestration systems, enabling efficient and secure movement of money across accounts.

What is an AFT?

An AFT (Account Funding Transaction) is a type of transaction designed for:

Loading funds into user accounts or digital wallets.
Transferring funds between accounts within the same platform.
Depositing money into commercial or personal accounts. Remittances included.

AFTs leverage traditional payment networks (e.g., Visa, Mastercard, ACH) to process transactions quickly and securely while optimizing costs.

Types of AFT Transactions

Funding transactions:
- Transfer funds into an account from a debit/credit card or bank account.
- Example: A user loads their digital wallet using their debit card.
Withdrawal transactions:
- Move funds from a user account back to their bank account or card.
- Example: A user transfers money from their digital wallet to their bank account.

Integration

To perform an AFT, you will need to send a request to our Payments API with the additional_data.order.account_funding object specifying the sender andbeneficiary data.

Each credit card scheme might require different information about the recipient and the sender, depending on the operating region and transaction category.

[...]
 "additional_data": {
    "account_funding": {
      "sender": {
        "first_name": "John",
        "last_name": "Doe",
        "email": "[email protected]"
      },
      "beneficiary": {
        "first_name": "Chris",
        "last_name": "Martin",
        "document": {
          "document_number": "38192019",
          "document_type": "CC"
        }
      }
    }
  }
[...]

For more details, refer to the create payments API section.