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Re: Visa Direct PullFundsTransactions not working

Alright, Thanks.

Visa Dev Moderator

Re: Visa Direct PullFundsTransactions not working

Hey @AntunesWill,

 

Question:

But I have a question about the flow of P2P payments.

To make transfers between persons I need to pull funds from the sender and push funds to the receipter, right?

But in the push funds method we don't have any relation with the pull funds that was executed before, how is that done?

 

[Answer]

Visa Direct provides the capability to push funds (in the form of an Original Credit) to over one billion eligible Visa accounts.  Originators can use Visa Direct APIs to push funds into a Visa account using any source of funds available to them, including a “pull” from a Visa account, a bank account, or cash.  Using Visa Direct APIs, consumer person-to-person money transfers and credit card payments as well as corporate and merchant disbursements can be made from personal computers, mobile phones, local bank branches, or ATMs.

 

How does Visa Direct Work?
Access the service through Netbanking, mobile or ATM.
Enter the recipient’s 16 digit Visa card number and the amount you want to send.
The money will be received into the recipient Visa credit, debit or prepaid card.
Recipient can use the received funds at any Visa merchant or ATM. When sent to a Visa credit card, the received amount is offset against the outstanding balance.

 

Also, what's really great about being able to pull funds from a bank account or cash, is that you can walk into a financial institution (bank) with cash and have it go towards the Visa cardholder or use your bank account for this type of transaction.

 

You can send money to a Visa card using your phone, the Internet, bank branch or an ATM/kiosk by accessing your Visa account or bank account or getting cash from the ATM. You can then push it through an originating bank which then goes through the Visa network to the recipient issuer. The recipient issuer then sends it to a Visa account such as a credit/debit/prepaid card.

 

Visa Direct is a peer-to-peer payment platform and is capable of handling bill payments and money transfer between cards.

 

Visa Direct APIs are capable of going global because it's available in all regions.

 

Visa API does support international money transfer through Visa Direct. Visa supports all currencies that an acquiring bank can support. For example, if the transaction is originated in Brazil (Brazilian currency) funds pull will be in Brazilian currency and the acquirer will push funds to a Visa Issuer's account in the receiving card account's home currency (e.g. US Dollars). The Acquirer is responsible for the network conversion fees and the originator (you) will be responsible for incorporating that in your App. Therefore, the flow would be to pull funds from the sender and then push funds to the receiver.

 

 

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Thanks,
Diana

Visa Dev Moderator

Re: Visa Direct PullFundsTransactions not working

Hey @AntunesWill,

 

Question:

And another question, I'm now able to pull and push funds from persons. Is there a way to see those transactions that I'm creating within Visa Developers Portal or something like that?

 

[Answer]

Great to hear that you are now able to successfully pull and push funds from persons! If you are sandbox testing in SoapUI or Postman, then you will not be able to see those same transactions appear in the Visa Developer Portal. However, if you are asking if you can see pull funds transaction and push funds transaction in VDP,  then you can review this in Code Explorer on the Visa Direct API Reference page here (refer to screenshot example below)  - https://developer.visa.com/capabilities/visa_direct/reference

 

20190717 Visa Direct Code Explorer example.png

 

 

 

Was your question answered? Don't forget to click on "Accept as Solution" to help other devs find the answer to the same question.

Thanks,
Diana