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Transactions overview

A Transaction represents one or more fund movements between instruments.

Transactions require at least one instrument and can start in Weavr MultiMulti Weavr Multi is an embedded finance solution that allows you to integrate financial services into your own application, providing a seamless experience for your customers. It enables you to offer managed accounts, managed cards, and transactions without requiring financial expertise. or in an external system.

Weavr MultiMulti Weavr Multi is an embedded finance solution that allows you to integrate financial services into your own application, providing a seamless experience for your customers. It enables you to offer managed accounts, managed cards, and transactions without requiring financial expertise. supports the following transactions:

  • Internal transfersTransfer A transaction that moves funds between instruments managed by Weavr. The source and destination instruments of a transfer transaction must be owned by the same identity. Transfers can be scheduled for future execution and can be performed in bulk operations.
  • SendSend A transaction type that allows sending funds to another identity's instrument or to a beneficiary. Send transactions may require Strong Customer Authentication depending on the destination and whether it's a trusted beneficiary. transfers
  • Card purchases
  • Incoming wire transfers
  • Outgoing wire transfers

Transaction states​

A transaction can transition into multiple states during its lifetime, until it reaches a final state. Each transaction type has its own states which reflect the stages required to complete the transaction.

In the card statement and account statement, you get all transaction stages which have a balance movement and involve the instrument for which the statement is being retrieved. Each stage is represented as a statement entry and has a PENDING or COMPLETED state.