What is a ‘facilitation’ funds flow?
What is a ‘facilitation’ funds flow?
- Feb 14, 2023
- Knowledge
Information
Title
What is a ‘facilitation’ funds flow?
Summary
A ‘facilitation’ funds flow allows clients to permit two users on their application to initiate payments to each other directly, with one API call.
Facilitating transfers directly between your users can help expedite processing times. Additionally, Dwolla has enabled a facilitator fee feature within the API that allows a business to set up a flat rate fee for a transaction between two parties.
Any user type can participate in this funds flow, but at least one party to the transaction (the sender or the receiver), must be a Verified Customer Record.
A common use case for ‘facilitate’ funds flows is a real estate platform that facilitates payments between landlords and tenants.
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