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  4. Transfer to Account

Transfer to Account

NOTE: The Interswitch application will have a web front end where the external system scheme operator can configure her float card that will be used for the above transaction

  • External system debits user’s virtual account or accepts a mode of payment
  • External system sends a DoTransfer message to Interswitch
  • Interswitch application uses the preconfigured float card of the VA for a debit and credits the beneficiary bank
  • External system can always use a QueryTransaction call to Interswitch to verify any
    transaction status
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