https://fusion.tech/in/docs/ Recent content in Docs on Fusion Docs Hugo -- gohugo.io en-us https://fusion.tech/in/docs/about-fusion/partnered-issuing-banks/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/about-fusion/partnered-issuing-banks/ https://fusion.tech/in/docs/bundle/managing-bundles/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/bundle/managing-bundles/ https://fusion.tech/in/docs/fund-transfer/account-to-account-transfers/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/fund-transfer/account-to-account-transfers/ https://fusion.tech/in/docs/fund-transfer/fund-transfer-overview/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/fund-transfer/fund-transfer-overview/ https://fusion.tech/in/docs/fund-transfer/imps-neft/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/fund-transfer/imps-neft/ https://fusion.tech/in/docs/getting-started-with-fusion/onboarding-document-checklist/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/getting-started-with-fusion/onboarding-document-checklist/ https://fusion.tech/in/docs/payments/card-payments/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/payments/card-payments/ https://fusion.tech/in/docs/tctp/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/tctp/ Transaction Policies Transaction Category Transactions on which policies are applied must be grouped before the actual policy is created and mapped. This is done by creating a Transaction Category and specifying the grouping criteria. API Parameters: code : Unique alphanumeric ID for the Transaction Category. attrKey : System generated key that defines the grouping criteria. Used in conjunction with attrVal parameter. https://fusion.tech/in/docs/account-holder/account-holder-overview/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/account-holder/account-holder-overview/ Overview About Account Holder Published on 20th August, 2021 Account Holder is one of the pivotal entity in the banking and payments lifecycle. This article covers the important functional concepts related to Account Holders and the corresponding application creation and management. Account Holder An Account Holder is any person or corporate that has a banking relationship with an Issuing Financial Institution (IFI). https://fusion.tech/in/docs/account/about-bundles/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/account/about-bundles/ About Bundles Bundle Published on 24th March, 2021 Bundle is a construct in Fusion,that packages financial products. A Bundle, in itself, is not a financial offering/product, but is a way in which different financial products are packaged together. In simple terms, Bundle is just a collection of financial products that a fintech would want to issue to their customers. Some examples of financial products include a Liability Account, an Asset Account, a General Purpose Reloadable (GPR) Card, a VISA or a Mastercard network card. https://fusion.tech/in/docs/bundle/bundle-overview/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/bundle/bundle-overview/ Overview Bundle Published on 24th March, 2021 Bundle is a construct in Fusion,that packages financial products. A Bundle, in itself, is not a financial offering/product, but is a way in which different financial products are packaged together. In simple terms, Bundle is just a collection of financial products. There are 2 types of products that are currently supported by Fusion - Account Products and Payment Products. https://fusion.tech/in/docs/about-fusion/what-is-fusion/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/about-fusion/what-is-fusion/ About Fusion About Fusion Published on 24th March, 2021 What is Fusion Fusion is an API-based Platform-as-a-Service (PaaS) offering. It enables fintechs to build and manage financial products for their unique use-cases. Fusion offers seamless integration with banks, payment networks, card printers, push servers, and several other services. Fusion APIs solve multiple use-cases like customer loyalty cards, corporate gifting, expense management, merchant payouts, just-in-time account funding, and so on. https://fusion.tech/in/docs/extensions/interceptor/about-interceptors/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/extensions/interceptor/about-interceptors/ About Interceptors Interceptors are HTTPS endpoints with the extra functionality of returning a response. The host of the interceptor (eg: Fintech) then consumes the response and incorporates it in the request flow. Each interceptor point provides a request payload contract to the interceptor and the acceptable responses. The contract specifies the behavior of the flow based on the response sent by the interceptor. In Fusion, a fintech can intercept a payment request going out to a merchant on a particular card network, and based on its risk system’s logic and policies, direct Fusion to either approve or reject the request. https://fusion.tech/in/docs/payments/payments-overview/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/payments/payments-overview/ About Payment A payment is a series of debit/credit entries that affect the asset and liability side of multiple ledgers. A typical payment consists of a payer (customer, buyer) and a payee (merchant), where the payer’s account is debited and payee’s account is credited. Push Payment: Payers instruct their banks to send money from their accounts to recipients’ accounts. Pull Payment: Recipients’/Payee’s banks extract money from payers’ accounts. https://fusion.tech/in/docs/transaction-policies/transaction-policy-overview/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/transaction-policies/transaction-policy-overview/ About Policies About Policies Published on 20th August, 2021 Transaction policy Transaction Policy is a set of rules and conditions that you can apply on an entity’s transactions at various entity levels like Product Family, Product, Program, Account Holder and Account. Some of the common use-cases include: Blocking/unblocking ATM, e-commerce, and POS transactions. Disallowing spends on a debit card after a certain time period. https://fusion.tech/in/docs/extensions/webhook/about-webhooks/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/extensions/webhook/about-webhooks/ About Webhooks About Webhooks Published on 20th August, 2021 A webhook is a message system that allows you to receive real time messages about important events. You can register to events and choose to receive real-time messages to your secure application endpoint. Such messages save you time and effort to track the key activities that are crucial to your business. Fusion webhooks Fusion webhooks are designed to send messages to your application when an event occurs as a result of business flow. https://fusion.tech/in/docs/acnt/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/acnt/ Prerequisites Parameter name Parameter value Ifi id 304876 API endpoint https://fusion.gw.zetapay.in/api/v1 Access token {{token}} Bundle id {{BundleID}} Simulator for card payments https://prod-card-simulator.gw.zetapay.in/ Funding Account ID {{FundingAccountID}} Vbo id {{VboID}} cardSkuIDs {{SkuID} About Fusion Fusion is an API-based Platform-as-a-Service (PaaS) offering. It enables fintechs to build and manage financial products for unique use-cases. https://fusion.tech/in/docs/benf/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/benf/ Prerequisites Parameter name Parameter value Ifi id 304876 API endpoint https://fusion.gw.zetapay.in/api/v1 Access token {{token}} Bundle id {{BundleID}} Simulator for card payments https://prod-card-simulator.gw.zetapay.in/ Funding Account ID {{FundingAccountID}} Vbo id {{VboID}} cardSkuIDs {{SkuID} About Fusion Fusion is an API-based Platform-as-a-Service (PaaS) offering. It enables fintechs to build and manage financial products for unique use-cases. https://fusion.tech/in/docs/ahdc/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/ahdc/ Prerequisites Parameter name Parameter value Ifi id 304876 API endpoint https://fusion.gw.zetapay.in/api/v1 Access token {{token}} Bundle id {{BundleID}} Simulator for card payments https://prod-card-simulator.gw.zetapay.in/ Funding Account ID {{FundingAccountID}} Vbo id {{VboID}} cardSkuIDs {{SkuID} About Fusion Fusion is an API-based Platform-as-a-Service (PaaS) offering. It enables fintechs to build and manage financial products for unique use-cases. https://fusion.tech/in/docs/account/account-overview/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/account/account-overview/ Overview About Accounts Published on 20th August, 2021 An account is a record in an accounting system that tracks the financial activities of a specific asset, liability, revenue, or expense. These records increase and decrease as the business events, like credit and debit, occur throughout the accounting period. Each individual account is internally represented as an accounting ledger. In a real-world, once the application to create an Account holder is approved, she or he is assigned an account. https://fusion.tech/in/docs/account/account-types/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/account/account-types/ Account Types Pool account As a part of the program, Fintech creates a current account with the issuing bank. The fintech funds this current account to enable the issuer maintain a pool account in the banking system. The pool account is used to flow the money from the banking system to the fintech’s funding account in the Zeta system. Funding account Funding Accounts are maintained on the Zeta system to keep a track of the transactions that a fintech and its associated entities perform. https://fusion.tech/in/docs/fund-transfer/beneficiary-transfers/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/fund-transfer/beneficiary-transfers/ Beneficiaries On Fusion, a Beneficiary is like your real-world beneficiaries whom you may want to transfer real funds to. It is similar to the list of entities that you may have in your savings bank account system along with some identifier like UPI VPA ID or Bank account number + IFSC code. Beneficiaries are internally modelled in the system as entities that have underlying Accounts associated with them. https://fusion.tech/in/docs/bulkcard/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/bulkcard/ Prerequisites Parameter name Parameter value Ifi id 304876 API endpoint https://fusion.gw.zetapay.in/api/v1 Access token {{token}} Bundle id {{BundleID}} Simulator for card payments https://prod-card-simulator.gw.zetapay.in/ Funding Account ID {{FundingAccountID}} Vbo id {{VboID}} cardSkuIDs {{SkuID} About Fusion Fusion is an API-based Platform-as-a-Service (PaaS) offering. It enables fintechs to build and manage financial products for unique use-cases. https://fusion.tech/in/docs/bundl/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/bundl/ Prerequisites Parameter name Parameter value Ifi id 304876 API endpoint https://fusion.gw.zetapay.in/api/v1 Access token {{token}} Bundle id {{BundleID}} Simulator for card payments https://prod-card-simulator.gw.zetapay.in/ Funding Account ID {{FundingAccountID}} Vbo id {{VboID}} cardSkuIDs {{SkuID} About Fusion Fusion is an API-based Platform-as-a-Service (PaaS) offering. It enables fintechs to build and manage financial products for unique use-cases. https://fusion.tech/in/docs/card/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/card/ Prerequisites Parameter name Parameter value Ifi id 304876 API endpoint https://fusion.gw.zetapay.in/api/v1 Access token {{token}} Bundle id {{BundleID}} Simulator for card payments https://prod-card-simulator.gw.zetapay.in/ Funding Account ID {{FundingAccountID}} Vbo id {{VboID}} cardSkuIDs {{SkuID} About Fusion Fusion is an API-based Platform-as-a-Service (PaaS) offering. It enables fintechs to build and manage financial products for unique use-cases. https://fusion.tech/in/docs/cards/card-order-lifecycle/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/cards/card-order-lifecycle/ Card Order Lifecycle Order cards for your Account Holders by creating a card order. There are two types of orders you can create on Fusion - Individual card order and Bulk card order. Before you begin Before you explore Fusion’s card order APIs, learn various card related functional concepts mentioned in Card Lifecycle. remember the various card related terminologies, as illustrated below. https://fusion.tech/in/docs/cards/card-overview/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/cards/card-overview/ Card Overview Card Lifecycle Published on 24th March, 2021 What are cards? Cards are standard payment instruments that enable your customers to access funds from their account. They can use these cards for various transactions such as cash withdrawals, POS purchase at storefronts, online bill payments and a lot more. Fusion enables you to handle card lifecycle - from issuance to management for your end customers. https://fusion.tech/in/docs/extensions/interceptor/configure-interceptors/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/extensions/interceptor/configure-interceptors/ Configure Interceptors In Fusion, interceptors are created for a Resource Product which is associated with an account holder. A Resource Product may have a Resource, which is then mapped to one or more payment instruments or form factors, for example, card and so on. Resources are used to authenticate an Account Holder during payment transactions. Retrieve a Resource Product Before creating an interceptor, let’s find out on which Resource Product you want to configure an Interceptor. https://fusion.tech/in/docs/extensions/webhook/configure-webhooks/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/extensions/webhook/configure-webhooks/ Configure Webhooks Using Fusion webhook APIs, you can set up a webhook against the available Fusion event types. This article will enable you to understand how to set up a webhook to be able to receive an event notification about important business process flows. Note: Keep a webhook URL ready that can receive JSON objects and support basic HTTP authentication. Share this endpoint with Zeta. Zeta will register the webhook endpoint in Fusion and share a secret token with you to validate the incoming webhook messages. https://fusion.tech/in/docs/about-fusion/core-capabilities/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/about-fusion/core-capabilities/ Core Capabilities Fusion envisions democratizing banking with its cloud-native and API first approach. Being built on the top of Zeta’s banking stack, fusion APIs cater to the entire account lifecycle right from issuance to the transactions enabling the fintechs to provide customizable and flexible solutions as per their project needs. Zeta’s banking stack has a modular core banking system and an issuance platform. Banks and fintechs can build unique products and experiences on this stack. https://fusion.tech/in/docs/account-holder/create-accountholder/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/account-holder/create-accountholder/ Create Account Holder Create Account Holder Published on 20th August, 2021 An account holder refers to a real/legal customer to Fusion. Drawing from the real world analogy, an account holder can be an actual person who holds an account at a bank or can be a legal entity like a corporate entity, or merchant. This article lays down the steps fintech shall follow to create an account holder with fusion. https://fusion.tech/in/docs/account/create-account/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/account/create-account/ Create Accounts To create an Account, you can issue an Account product or both Account/Payment products to an Account Holder by using Bundles as per the value offering of the fintech. Follow the below steps to issue an Account to an Account Holder: Retrieve all Bundles available for issuance to the fintech Issue a Bundle to an Account Holder. Depending on the constituent Products of the Bundle, the following steps are executed by Fusion. https://fusion.tech/in/docs/transaction-policies/create-transaction-policy/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/transaction-policies/create-transaction-policy/ Create Policies Create Policies Published on 20th August, 2021 Fusion supports creation of complex policies to govern transactions based on various factors like velocity, volume, time and balance. Creating transaction policies involves the following steps: Create transaction category Create transaction policy Get transaction policy Replace transaction policy Update transaction policy state https://fusion.tech/in/docs/payments/funds-transfer/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/payments/funds-transfer/ Fund Transfers Fund Transfers Published on 20th August, 2021 Payment types Fusion provides the following types of payment to a Real Account Holder: Card payment Beneficiary transfer A2A transfer Beneficiaries On Fusion, a Beneficiary is like your real-world beneficiaries whom you may want to transfer real funds to. It is similar to the list of entities that you may have in your savings bank account system along with some identifier like UPI VPA ID or Bank account number + IFSC code. https://fusion.tech/in/docs/fund-transfer/funding-customer-account/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/fund-transfer/funding-customer-account/ Fund Accounts Account Transfers Published on 20th August, 2021 In this section we will understand how fund flow works for Pre Paid Instrument (PPI) accounts. The fintech transfers funds from its current account to the Fintech’s current account of the sponsor IFI (eg RBL, IDFC First Bank) Zeta Ops verifies the fund transfer and increases the limit of the Fintech Funding A/c Account holder adds money to his PPI account Fintech Triggers an A2A transfer API to debit the VBO Funding account and credit the account holder’s account Depending upon the sponsor bank for the PPI program, the fund flow may have variations. https://fusion.tech/in/docs/getting-started-with-fusion/overview/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/getting-started-with-fusion/overview/ Overview Application and Account Holder Published on 24th March, 2021 This article guides on Fusion’s engagement activities and strategies outlining the process involved in integrating Fusion APIs. Fintech uses the Fusion APIs to launch and manage their modern banking system. Zeta on-behalf of fintech takes care of issuing cards, authorizing transactions, and communicating with payment settlement entities. Fusion partnered issuing banks offer a co-branded prepaid account proposition for fintech and neo-banking companies. https://fusion.tech/in/docs/glossary/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/glossary/ Glossary This page serves as a brief glossary of commonly used terms throughout Fusion documentation. They are covered in much more detail in Resource Types. Term Description Account An Account corresponds to one single liability or asset ledger and represents one integral value in a specified currency (balance). Account Holder Account holder is a real/legal customer to Fusion. Drawing from the real world analogy, account holder could be an actual person who holds an account at a bank or could be a legal entity like a corporate, merchant, so on. https://fusion.tech/in/docs/account-holder/idfc-kyc/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/account-holder/idfc-kyc/ KYC Methods: IDFC First Bank We have partnered with the IDFC First Bank to provide the KYC services to the fintechs. The IDFC First Bank enables the fintech to complete the KYC of the account holder using either of the following methods- Minimal KYC Aadhaar OTP KYC Minimal KYC Step 1: Details’ verification In minimal KYC, the fintech shall verify the contact number, generally done via one-time passwords(OTP), and the identification proof, i. https://fusion.tech/in/docs/cards/card-issue/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/cards/card-issue/ Issue a Card You can issue a card to your Account Holder using either of the 3 methods as below. Issue Bundle Issue payment product Issue multiple payment products Each of these methods are explained in the following sections. Prerequisites for Card Issuance In Fusion a Card can be ordered for an account holder by creating a card order. However to do this, the following prerequisites needs to be met: https://fusion.tech/in/docs/bundle/issuing-a-bundle/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/bundle/issuing-a-bundle/ Issuing a Bundle In this article, you learn about how to Issue a Bundle to an Account Holder. Issuing a Bundle for an Account Holder would lead to issuance of artifacts of all of its constituent Products. A successful Bundle issuance would mean successful issuance of all its constituent products. Depending on the constituent Products of the Bundle, the following steps are executed: Issue an Account for every Account Product present in the Bundle Issue a Resource for every Payment Product present in the Bundle Issue a Form-Factor for every Payment Product present in the Bundle Even if a single Product has to be issued, it will be issued via the construct of a Bundle Get Bundle Get Bundle details by bundleID API(/bundles/bundleID) can be used to retrieve all the details of a bundle with that particular bundleId that are available to the fintech for issuance. https://fusion.tech/in/docs/getting-started-with-fusion/key-concepts/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/getting-started-with-fusion/key-concepts/ Key Concepts Key Concepts Published on 24th March, 2021 Issuing Financial Institute Issuing Financial Institute (IFI) is an institution that has the authority to offer financial services like accounts, loans, wallets, payment processing, and many more. For example, State Bank of India, HDFC Bank, ICICI Bank, RBL Bank, IDFC First Bank. Fusion has partnered with leading IFIs like RBL and IDFC First Bank, and its open platform is backed by these IFIs. https://fusion.tech/in/docs/account-holder/about-kyc-verification/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/account-holder/about-kyc-verification/ Know Your Customer Basics KYC Basics Published on 24th March, 2021 Know your customer (KYC) is a procedure laid down by the regulatory authorities of the respective country for the financial institutions to establish customer identity before entering into an arrangement with them to safeguard against any risk, fraud or threat. In the case of India, the regulatory authority is the Reserve Bank of India and all Indian financial institutions (regulated entities) shall comply with the RBI guidelines. https://fusion.tech/in/docs/account/manage-account/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/account/manage-account/ Manage Accounts You can manage and retrieve Accounts or subsets of an Account like Resources, Account Product and Payment Product using the Bundle APIs. Get Accounts Call /bundles/bundleID endpoint to retrieve all the existing Accounts available for a bundle. The response returns an array of all available Bundles with a unique identifier, id , for each Bundle. Each of these Bundles contain the Account details within them. https://fusion.tech/in/docs/account-holder/manage-account-holder/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/account-holder/manage-account-holder/ Manage Application and Account Holder Manage Application and Account Holders Published on 20th August, 2021 Once an application is approved by the IFI, the Fusion system creates an account holder. This article walks through the different ways a fintech can manage an application and account holder using Fusion APIs. Duplicate Application Irrespective of the number of fintechs the customer is signing up with, as per the regulations, there will be only one account holder entity with the respective IFI. https://fusion.tech/in/docs/cards/manage-cards/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/cards/manage-cards/ Manage Cards Before you begin Before you explore Fusion’s card management APIs, we recommend that you familiarize yourself with various card related concepts mentioned in Card orders. study the following illustration for various card related terminologies used in the article: Reset PIN Use the /generatePin to reset PIN for a card. A randomly generated 4-digit PIN is sent to the delivery channel (phone, e-mail) provided in the request. https://fusion.tech/in/docs/payments/payments-lifecycle/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/payments/payments-lifecycle/ Payment Lifecycle Payment Lifecycle Published on 24th March, 2021 In most real-life cases, a payment request is triggered by a Push payment—when payer uses their card at merchant’s e-commerce site or POS terminal. Various parties like acquirer, issuer, and card network communicate with each other to process the request. The request moves to different stages as a result of this processing. Fusion uses states to track the progress of the request. https://fusion.tech/in/docs/account-holder/rbl-kyc/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/account-holder/rbl-kyc/ KYC Methods: RBL Bank RBL KYC Published on 24th March, 2021 We have partnered with the RBL Bank (formerly, Ratnakar Bank) to provide the services to the fintechs. The RBL Bank enables the fintechs to complete the KYC of the account holder using either of the following methods- Minimal KYC AADHAAR XML KYC AADHAAR biometric KYC Details to verify Minimal KYC AADHAAR XML KYC AADHAAR Biometric KYC Contact number Y Y Y Officially Valid Document Y Only AADHAAR Only AADHAAR Biometric (fingerprint/IRIS scan) N N Y Minimal KYC Step 1: Details verification In minimal KYC, the fintech shall verify the contact number, generally done via one-time passwords(OTP), and the identification proof, i. https://fusion.tech/in/docs/account-holder/sbm-kyc/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/account-holder/sbm-kyc/ KYC Methods: SBM Bank https://fusion.tech/in/docs/about-fusion/security/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/about-fusion/security/ Security https://fusion.tech/in/docs/credit-line-management/create-and-manage-credit-line/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/credit-line-management/create-and-manage-credit-line/ Create and Manage Credit Lines Let’s look at a use case of implementing a credit limit given to users by a Finetch. 1. Assign Credit Limit to Account Fintech uses Assign Credit Limit to Account API to assign limits to accounts based on their logic. Assume User A has INR 10,000. Input parameters ifiID: Required. Unique identifier of the IFI. accountID: Required. Unique identifier of the account. https://fusion.tech/in/docs/credit-line-management/sclms-overview/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/credit-line-management/sclms-overview/ Simple Credit Line Management System Simple Credit Line Management System Published on 20th August, 2021 Terminology The following table contains Simple Credit Line Management System(SCLMS) related terminologies used in the article: Term Description Credit Limit The credit facility extended to the account of a user. For example, if an account has been assigned a credit limit of INR 10,000, the account can spend up to INR 10,000 over and above the PPI account balance. https://fusion.tech/in/docs/fund-transfer/transfer-codes/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/fund-transfer/transfer-codes/ Transfer Codes Once live with Fusion APIs, fintechs and their users (account holders) can perform different types of transactions. These transactions can be using different payment instruments (e.g. cards, UPI etc), can be over different transaction channels (e.g. POS, ATM, eComm etc.) and may affect different types of account from an accounting standpoint (e.g. funding account, account holder’s PPI account etc.) We need to be able to classify different types of transactions for accounting, reconciliation, regulatory reporting, management reporting, and business analytics. https://fusion.tech/in/docs/bundle/type-of-bundles/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/bundle/type-of-bundles/ Type of Bundles Standard Bundles As a part of Fusion Suite, there are some standard pre-defined Bundles that can be used to offer Liability Account Products along with Physical or Virual Cards. You may wish to have some custom needs that are not part of pre-configured features. Contact Zeta Support for any custom needs. Fusion platform is flexible and designed to suit your custom business requirements. https://fusion.tech/in/docs/account/virtual-accounts/ Mon, 01 Jan 0001 00:00:00 +0000 https://fusion.tech/in/docs/account/virtual-accounts/ Virtual Accounts Fusion currently offers PPI accounts to fintech’s real account holders (RAHs). Earlier, the only way to fund these PPI accounts was account to account (A2A) transfers. Fusion now facilitates inward transfers using virtual account numbers for RBL. Virtual accounts are non-physical accounts. Virtual account numbers (VANs) are linked to real accounts. So any transfer to a VAN is essentially a transfer to an associated physical account.