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Transaction flows

RHUB settles a payout to one of two destinations: the beneficiary's bank account, or the beneficiary's wallet. Which one applies determines the payout API you call — Payout for bank transfers and WPT Payout for wallet transfers — and, for wallet transfers, the WPT Wallet List master API supplies the wallet values.

The following are the transaction flows.

  • Bank payout transaction flow
  • Wallet payout transaction flow

Bank Payout Transaction Flow​

The bank transaction service enables the sender to send or transfer the money to the bank account of the beneficiary. Therefore the money is credited to the bank account of that beneficiary. The sender can send the money transfer from a bank account, or cash over the counter based on the interfaces that are provided by the sending partner. The following flow describes the remit to the bank flow.

Wallet Payout Transaction Flow​

The wallet transaction service enables the sender to send or transfer the money to the wallet of the beneficiary. Therefore the money is credited to the wallet of that beneficiary. The following flow describes the remit to the wallet flow.

Where these flows meet the APIs​

Both settlement flows use the same integration sequence — authenticate, quote, prepare documents and the customer, then pay out and check the transaction. See the integration flow for the decision points.