Transaction types
TOPUP_ACCOUNT
Used to fund an account within conomy_hq. This transaction type enables users to add funds to their accounts for future transactions.
WITHDRAWAL_ACCOUNT
Used to withdraw funds from an account within conomy_hq. This allows users to transfer money from their conomy_hq account to an external destination (e.g. a bank account).
PURCHASE
Represents a sale transaction where the client receives payment from a third party in exchange for goods or services. Typically initiated using a payment link or payment initiation method.
FEE
Automatically generated fee transactions based on the predefined business rules set by each client. These fees are deducted as part of the transaction processing and should not be created manually.
COLLECT
Used to collect funds from multiple origin accounts into a single destination account. This bulk transaction type is useful for pooling payments from different users or consolidating balances.
P2P
Used for peer-to-peer payments between service providers or organizations. This type is intended for direct transfers between two known entities, and should not be confused with COLLECT or PURCHASE flows.
Bulk Payments
To perform a bulk payment for disbursement, depending on the use, it can be used one of these types:
P2P
orWITHDRAWAL_ACCOUNT
Structure: one origin and multiple destinations
To perform a bulk payment for collection, use:
COLLECT
Structure: multiple origins and one destination
Transaction Types Summary
TOPUP_ACCOUNT
Funds an account in conomy_hq
WITHDRAWAL_ACCOUNT
Withdraws funds from a conomy_hq account
PURCHASE
Sale transaction between client and third party
FEE
Automatically generated fees per business rules
COLLECT
Collects funds from multiple origins into a single destination
P2P
Transfers between service providers or organizations
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