Overview of Instant Push Payments

Payout funds to a recipient.

Whether it is paying out insurance claims, earned wage payments to your employees, payments out to your vendors, or enabling instant bill payments, TabaPay provides instant disbursements to supported debit cards or to supported bank accounts. Instant disbursements are available at all times, including weekends and holidays, and funds are available in the destination account within 30 minutes.

📘

TabaPay Payout Connections

We bring you a unified payout experience through our integrations with Visa Direct and MasterCard MoneySend, and The Clearing House's Real Time Payments (RTP).

Connect with us through our APIs and settle directly with your acquiring bank partner. Please connect with us to know more.

In order to enable a variety of use cases, Instant Account Funding provides:

Flexible Destination Sources: Offers you the ability to instantly pay out to a payment card or bank account.
Optimized Routing: Our least-cost and high-quality routing logic ensures the best success rates for your payout transactions.
Payout Limits: Transaction limits are governed by the type of rails used for the payment. For instance, in the case of Visa Direct or MasterCard MoneySend, the card networks decide the transaction limits allowed for payouts.

Benefits

  • One Unified API: TabaPay's unified Create Transaction is a powerful tool to enable a wide range of services including Money Transfers, Funds Disbursements, merchant settlement, Digital Wallet transfers, instant deposits, prepaid loads, and Credit Card bill payments.
  • Trust: Funds are only issued to those recipient cards and accounts that have been issued and compliant with appropriate “Know Your Customer (KYC)” procedures.
  • Payment's Expertise: TabaPay's deep payment expertise enables compliant transactions, processes for handling exceptions, addressing fraud situations, and providing value-added services that meet your needs.
  • Coverage: Utilize TabaPay's unique coverage across payment rails to instantly send funds to cardholders and accountholders across the world.
  • Convenience: Instant disbursements and payouts enable consumers to receive funds directly into their cards and accounts. Cardholders can then access these funds at ATMs and merchants that accept these cards
  • Currency Handling: TabaPay provides currency conversion and transaction settlement over multiple currencies.

Push to Card vs Push to Account

1302

Get cooking with some recipes!

A few samples to get you started!