Payment Rails
Newline supports different payment rails that Clients and Customers can choose between when originating Transfers. These rails include Wire, Instant Payments, and ACH. Your choice of payment rail will depend on a couple key criteria, listed below, you and your Relationship team should discuss.
- Price of Transfer
- Funds Availability
- Business Use Case
In the following guides, we'll cover these criteria so you and your end-customers can make the best decision when selecting a payment rail.
Note
Different payment rails often require different information for submission of counterparty or Transmitter objects. Please be sure to review each payment rail to confirm the data required.
Updated about 2 months ago