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The Transfer API enables you to:
  • Create account numbers and assign them to your orders or customers to reconcile inbound transfers.
  • Receive a webhook whenever an inbound transfer arrives.
  • Initiate a transfer through the API.
Common use cases include:
  • You have a payments platform and want to transfer your customers’ funds automatically.
  • You have a lending company and want to receive payments from your customers using bank transfers.
  • You receive payments from your customers using bank transfers and want to automate reconciliation.
  • You want to fund accounts and initiate outbound transfers through the API.

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Availability

Transfer API capabilities vary by the country where you operate:
Fintoc executes a daily settlement in Mexico 🇲🇽Every day at 5:30 PM (GMT -6), Fintoc pays out the full balance of each account to the external bank account you provided.The API represents the payout as an outbound transfer with the comment "Fintoc daily settlement".Fund your accounts daily to continue making payouts.