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 Type	Description	API value
Payouts	This is the act of paying out or sending money to another person or organization.	payouts
Payins	This is the process of receiving money in your Fincra wallet	collections
Conversion	This is the process of converting one currency to another	conversion

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