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

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Asked by Question Bot12/Apr/20161 answer

1 Answer

F
Faisal KhanContributor

12/Apr/2016

0
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.