1. Guides
2. Money movement

Payment methods are determined by an account's linked funding sources: bank accounts, cards, or Moov wallets. When a funding source is linked, the associated payment methods become available. Some payment methods, such as ach-debit-collect, require additional steps like verifying the bank account.

Each payment method has its own characteristics:

• Speed: Instant, same-day, or 1-2 business days
• Network: ACH, card networks (Visa/Mastercard), or real-time rails (RTP/FedNow)
• Risk: Exposure to chargebacks and returns varies by method
• Cost: Processing fees differ across payment rails

Payment methods are separate from capabilities.
A payment method defines how money moves, while a capability defines what actions an account can perform.

• Source payment methods specify where funds originate
• Destination payment methods specify where funds are delivered

Most payment methods work in a single direction. The exception is moov-wallet, which can be both a source and a destination.

Source payment methods

Source payment methods fund a transfer. The source is where the money comes from.

Destination payment methods

Destination payment methods receive a transfer. The destination is where money goes.

Payment methods and capabilities

Payment methods belong to an individual account, but capabilities determine what the initiating account is allowed to do.

• When collecting funds, the destination account requires a collect-funds capability.
• When sending funds, the source account requires a send-funds capability.

Collecting funds

The destination account pulls from a payment method owned by the source (payer).
The payer only needs transfers.

Example:
A merchant accepting a card payment pulls from the payer’s card-payment method.
The merchant (destination) needs collect-funds.card-payments and wallet.balance.
The payer (source) only needs transfers.

Sending funds

The source account pushes to a payment method owned by the destination (recipient).
The recipient only needs transfers.

Example:
A business sending a payout via ach-credit-same-day pushes funds to the recipient’s bank account.
The business (source) needs send-funds.ach and wallet.balance.
The recipient (destination) only needs transfers.

For full details, see the capabilities reference and enablement guide.

Funding source requirements

Payment methods require linked and verified funding sources:

• Bank account credit methods (ach-credit-same-day, instant-bank-credit, etc.) require a linked bank account
• Bank account debit methods (ach-debit-fund, ach-debit-collect) require a verified bank account
• Card-based methods (card-payment, push-to-card, etc.) require a linked card
• Wallet-based methods (moov-wallet) require an enabled wallet

Get payment methods

To retrieve payment methods for an account, use the:

• List payment methods
• Retrieve payment method

List payment methods

curl -X GET "https://api.moov.io/accounts/{accountID}/payment-methods" \
  -H "Authorization: Bearer {token}" \
  -H "x-moov-version: v2024.01.00" \

mc, _ := moov.NewClient()

var accountID string

mc.ListPaymentMethods(ctx, accountID)

const moov = Moov(token);

moov.paymentMethods.list(accountID);

Retrieve payment method

curl -X GET "https://api.moov.io/accounts/{accountID}/payment-methods/{paymentMethodID}" \
  -H "Authorization: Bearer {token}" \
  -H "x-moov-version: v2024.01.00" \

mc, _ := moov.NewClient()

var accountID string
var paymentMethodID string

mc.GetPaymentMethod(ctx, accountID, paymentMethodID)

Transfer limits

The table below describes Moov platform or payment network limits. Individual accounts may have lower limits depending on verification and underwriting.

To request higher limits, contact Moov.