Credit card bill payment

[ioesandeep]

Hi,

I am developing an application which allows users to schedule payment for their credit card statement balance. The core idea of the application is to allow users to add their credit card information (multiple visa credit cards), and a bank account, and then allow them to schedule payment of their credit card statement whenever the statement is generated.

I have already used a separate API which notifies my app when the credit card statement is generated but does not make payment on the statement. I am wondering if I can use the Visa direct fund transfer - create push funds transactions API to make this happen. So that Visa can pull funds from the user's bank and push payment on the user's credit card or is there anything similar that can make this happen?

Thanks,

[kh-leslie]

Thank you for reaching out, @ioesandeep ! An agent is looking for a solution for you and will get back with you shortly! If any community members know a solution, please feel free to respond in this thread. - Leslie

[ioesandeep]

Hi Leslie, is there any update yet?

[I_Doroteo3 · Accepted solution]

Hi @ioesandeep,

You can certainly use Visa Direct for your use case, just keep in mind that all Visa Direct programs require the originator to be a licensed Visa acquirer or be sponsored by a licensed Visa acquirer who is ready and able to sponsor Visa Direct programs. Please reach out to your Visa account representative to get more information about Visa licensing requirements.

If you are looking for a recurring billing solution,  I recommend checking out Cybersource (a Visa Solution), where you can the Simple Order API to create recurring billing.

Thanks, 

Illana

[ioesandeep]

@I_Doroteo3 Thank you very much for the confirmation. I will reach out to my VISA representative to discuss this approach.