Prepaid
We have specific products for countries and we are growing fast across the globe
Fusion PrepaidFor India
Fusion CreditFor U.S
Prepaid
We have specific products for countries and we are growing fast across the globe
Fusion PrepaidFor India
Fusion CreditFor U.S
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. ...
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. ...
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 ...
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. ...
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. ...