How Does a Payment Distribution by Wire Transfer Work?

Follow this step-by-step guide to learn how payments distribution by wire transfer works on the internet.

The funds or money distribution by wire transfer is a service that simplifies financial management. By using it, you will be able to make payments from a single bank account to the accounts of your users.

The Payment Process

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Steps of the Payment Process

The process of funds distribution usually has 6 steps:

Add Funds to your Kushki Payout account

Before the distribution process, you must check your merchant balance in Kushki. If you do not have funds, we recommend you add funds to your Payout account, so that your payment distribution goes smoothly.

1. Data Request

In this step, the data of the user’s bank account where money will be received are collected. These are submitted to Kushki to be validated and processed.

2. Funds Check

Kushki receives the data that you submitted and validates that your business account has enough funds to process the payment distribution. The balance will be immediately discounted from your Kushki Payout account.

3. Authorization

After validating that you have enough funds in your Payout account, we issue a transaction reference number. In this step, the distribution process has already started and the money will be deposited in the next hours in the user’s bank account.

4. Fund Distribution

All the transactions that you started on the same day will be submitted together to the bank for distributing the funds to your users’ accounts.

5. Merchant Notification

The bank will notify us of the results of each transaction, and we will notify you immediately.

6. User Notification.

This step is optional, but very useful. After we have notified you of the result of the transaction, you may share it with your users.


Distribute payments through wire transfers

Distribute payments safely by wire transfers.