Credit Transfers – payments you send out
Transfer funds smoothly every time.
Pay out options configured to suit your merchants – we offer time-based, threshold-based, or manual transfer of funds depending on their needs.
Payouts managed efficiently
Credit Transfers are a push payment which enable simple transfer of funds from one bank account to another. Have full control of when and how the transfer is initiated so pay outs are managed efficiently.
Nuapay clients can transfer funds from their Nuapay account to pre-defined beneficiary accounts. These credit transfer transactions may be initiated through any of the supported channels.
Credit transfers can be one-time or recurring payments and can be made individually or in bulk. We provide outgoing single Credit Transfers by Faster Payments and SEPA, and batch buy BACS.
What are Credit Transfers? They are an out-going payment method that our clients could initiate
UK: BACS (3 day settlement), Faster Payments (instant settlement)
Europe: SEPA (1 day settlement), SEPA Instant (instant settlement)