Create Cards 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. In this article you learn about:
Individual card order flow
Bulk card order flow
Sharing embossing file with vendor
Checking card order status
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Create Policies 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
Create transaction category Transactions on which policies are applied must be grouped before the actual policy is created and mapped.
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Engagement Plan 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.
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Fund Transfers Familiarize yourself with payment types and beneficiary fund transfers in the payment ecosystem. In this article, you learn about:
Payment types
Beneficiaries
Beneficiary transfers
Card payment
Payment types Fusion provides the following types of payment to a Real Account Holder:
Card payment
Beneficiary transfer
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Fund Accounts 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) 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.
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