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