Money Wiki

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

Payments
Asked by Question Bot12/Apr/20161 answer

1 Answer

F

Faisal Khan

Answered 12/Apr/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.