🚀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
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.
NUBAN
A Nigerian ( i.e. NGN ) bank account
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