Visa Direct clients can use Account Funding Transactions (AFTs) to pull funds from an eligible card account (similar to classic card purchase transactions) Original Credit Transactions (OCTs) to push funds to an eligible debit or prepaid card account. Below are two specific examples:
Person to person transactions (P2P)
- In person to person transactions, money is pulled from the sender’s account using an Account Funding Transaction (AFT), then pushed to the recipient’s account using an Original Credit Transaction (OCT).
Funds Disbursements: For example, Business to Consumer (B2C), Small business disbursements (B2B), Government disbursements (G2C)
Disbursement transactions occur when a Business/Corporate (sender) sends money to a cardholder's debit or prepaid card using an OCT. The funding source is the Business/Corporate originating the transaction.