Use cases

Collect payments

Note: Only business accounts have the ability to collect payments. If you’re looking to collect funds from other accounts, this guide covers the flow for your use case.

Facilitate account-to-account transfers

Overview If you’re looking for a way to facilitate a payment between two accounts on your platform (what we describe as an account-to-account transfer), this guide will cover the flow for your use case.

Pay out money

At Moov, we think of payouts as any instance where you need to send funds as compensation (e.g., you need to pay an independent contractor or service provider).

Transfer funds to yourself

When the same person or company is on both sides of a transfer, we call that a self-to-self transfer. Some examples of self-to-self transfers include:

Transfer wallet-to-wallet

Wallet-to-wallet transfers provide flexibility for how and when you access funds. Some examples of when a wallet-to-wallet transfer is useful: