How do Payments by Wire Transfers Work?

August 14, 2023

We explain how a payment by wire transfer works in Kushki

If your users do not have a credit card or wish to use the available balance in their bank accounts to make an online purchase, the account debit (wire transfer) is the ideal and fast payment option.

Payment process

The payment process by wire transfer consists of allowing your customer to use the available balance in their bank account to pay for a purchase on your website or app. To do so, you must redirect your customer to the Wire transfer system, which can be configured from your console to authorize the transaction amount to be debited from their account.

The Flow

1. Selection of the payment method and the creation of the transaction

Within your App or website, the user must select wire transfer as payment method.

2. The user completes the data of your form

Within your app or website, the user fills in the data that you configure in your payment form and clicks on ”Pay” or in the CTA determined by you.

3. Kushki returns the URL to which you must redirect the user

Kushki confirms the creation of the transaction and returns the URL to which you must redirect the user to make the transfer.

4. Redirection to the Wire Transfer System

The user is redirected to the website of the Wire Transfer System.

5. Payment by transfer

When the user authenticates, verifies the transaction details (description of the transaction, amount, and account to be debited), and accepts that the corresponding amount will be debited from the balance of their account.

6. Confirmation of the debit

When the user authorizes the transfer, the bank entity confirms to Kushki the result of the transaction.

7. Kushki notifies you of the transaction status.