Skip to main content
Fintoc supports two payment scenarios depending on the countries you operate in. Start with the type of business you are building the integration for and use the table below to identify the best type of integration.

​
Fintoc collects

When Fintoc collects your payments, the money goes to a bank account managed by Fintoc. Fintoc tracks and matches when the payments settle on the account. We also handle any external payment —payments using an external channel, such as a regular bank transfer— to this account for you. Then, depending on your payout schedule, Fintoc sends the funds to your bank account. Fintoc discounts your application fees directly from your payouts. We recommend this type of integration for e-commerces or any company that wants to receive payments but doesn’t want to handle complex operations or edge cases.

​
Direct payments

Only available in Chile and for bank transfer paymentsFor now direct payments is only available in Chile and for payments of the method bank transfer.
In direct payments, the money flows directly from your customer’s bank account to the recipient account you specify. If you collect the money in a single bank account, you’ll need to periodically download your bank statement, run a reconciliation process to track and match Fintoc payments and handle any external bank transfers you may receive.