Transaction Dynamics

Transaction Types

There are different types of transactions that can be carried out on the platform. Please find below the types of transactions supported on Fincra

Transaction TypeDescriptionAPI value
PayoutsThis is the act of paying out or sending money to another person or organization.payouts
PayinsThis is the process of receiving money in your fincra walletcollections
ConversionThis is the process of converting one currency to anotherconversion

Payment Destination

This refers to the type of account you intend to make your payments to. Find the payment destinations currently supported at Fincra below

Payment DestinationAPI Value
Mobile money walletmobile_money_wallet
Bank accountbank_account