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Sends overview

A 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. is a transaction that moves funds between two instrumentsInstrument A financial product owned by an Identity. There are two types: Managed Accounts (stored-value accounts that hold balances and can receive wire transfers) and Managed Cards (prepaid cards — virtual or physical — used for purchases). managed by Weavr. Both managed accounts and managed cards belonging to different corporate or consumer identities can be used as instrumentsInstrument A financial product owned by an Identity. There are two types: Managed Accounts (stored-value accounts that hold balances and can receive wire transfers) and Managed Cards (prepaid cards — virtual or physical — used for purchases). in the send transaction.

Before your customers can submit a send transaction, they must:

  1. Create a managed account or create a managed card
  2. Enrol their device for Strong Customer Authentication

Create a Send Transaction

The following steps are required to send a send transaction:

  1. Create a Single (or a Bulk) Send transaction
  2. Confirm Transactions