Credit Transfer Payments Overview
Credit Transfers (CTs) allow you to transfer funds from your account to a beneficiary's account. With a CT, you (the merchant) become the payer and the person to whom you are transferring funds becomes the beneficiary.
Unlike Direct Debit payments where you pull funds from your payers' accounts, with a CT you push funds to a beneficiary account .
The following are the available API calls that you can use when working with CTs:
|Create Beneficiary||Used to create a new beneficiary - the recipient of the funds transfer|
|Retrieve Beneficiary||A GET request to return details of a beneficiary.|
|List Beneficiaries||A GET request that allows you to retrieve a list of beneficiaries.|
|Create Credit Transfer||A POST request to create a CT payment|
|Retrieve Credit Transfer||A GET request to return details of a CT payment.|
|List Credit Transfers||A GET request to return a list of CT payments.|