Terraswitch
  • Terraswitch - Get Started
  • Test & Live Environments
  • Onboarding as a Business
  • GUIDES
    • 🎾Authentication
    • 🧀Webhooks
    • 🫓Status & Responses
    • 🏉API Rate Limits
    • 🚀Transactions & Destinations
    • 🍊Testing Credentials
    • 🚐Crafting Metadata
  • API ENDPOINTS
    • Account
      • Get Account Details
      • Get Banks
      • Get Beneficiaries
      • Add Bank
      • Change Settlement Bank
    • Wallet
      • Get Wallet Details
      • Get Wallet Transactions
    • Collections
      • Checkout
        • Initialize Transaction
      • Transfer
        • Generate Account
      • Charge
        • Create Charge
        • Authorize Charge
        • Charge Authorization
      • Bank
        • Pay with Opay
    • Payout
      • Bank Transfer
      • Withdraw Money
    • Products
      • List Products
      • Search Products
      • Filter Products
      • Fetch Product
      • Create Product
      • Update Product
    • Subaccounts
      • List Subaccounts
      • Search Subaccounts
      • Filter Subaccounts
      • Fetch Subaccount
      • Create Subaccount
      • Update Subaccount
    • Payment Links
      • List Payment Links
      • List Payment Link Transactions
      • Search Payment Links
      • Filter Payment Links
      • Fetch Payment Link
      • Create Payment Link
      • Update Payment Link
      • Attach Payment Resource
      • Remove Subaccount
      • Enable Payment Link
      • Disable Payment Link
    • Invoices
      • List Invoices
      • Search Invoices
      • Filter Invoices
      • Fetch Invoice
      • Create Invoice
      • Update Invoice
      • Remove Invoice Item
    • Transactions
      • List Transactions
      • Search Transactions
      • Filter Transactions
      • Verify Transaction
    • Refunds
      • List Refunds
      • Fetch Refund
      • Create Refund
    • Bills Payment
      • List Mobile Networks
      • List Bill Categories
      • List Bill Sub-Categories
      • List Mobile Data Plans
      • Validate Biller
      • Validate Bill Status
      • Validate Top-Up Status
      • Buy Airtime
      • Buy Data
      • Pay Bill
    • Resources
      • List Banks
      • List Countries
      • Resolve Bank Account
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  1. GUIDES

Transactions & Destinations

There are different types of transactions that can be carried out on our platform. Please find below the types of transactions and destinations supported on Terraswitch

Type
Description

Collections

The process of receiving money via payment links, invoices and products on your Terraswitch account.

Pay-Ins

The process of receiving money into your Wallet via your Terraswitch virtual NUBAN account.

Settlements

This process of receiving money into you settlement NGN bank account or your wallet, as you have specified on your Terraswitch account.

Pay-Outs

The process of paying out or sending money to an NGN bank account or another Terraswitch user.

Payment Destinations

This explains the type of accounts you can make your payments to or send money to on Terraswitch. Find the payment destinations currently supported at Terraswitch below.

Type
Description

NUBAN

A Nigerian ( i.e. NGN ) bank account

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Last updated 11 months ago

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