[ https://issues.apache.org/jira/browse/FINERACT-706?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]
Santosh Math closed FINERACT-706. --------------------------------- > Payments switch integration > ---------------------------- > > Key: FINERACT-706 > URL: https://issues.apache.org/jira/browse/FINERACT-706 > Project: Apache Fineract > Issue Type: New Feature > Components: Accounting > Affects Versions: 1.3.0 > Reporter: James Dailey > Priority: Major > Labels: features > Fix For: 1.4.0 > > Time Spent: 40m > Remaining Estimate: 0h > > This is a ticket to cover the new requirements from integration with a > payment switching solution, using best practices in a push-payment real-time > environment. > [https://lists.apache.org/thread.html/fa8f745cd7228a8f8418561ddadc715a3388d01656bcbc28680f86f2@%3Cdev.fineract.apache.org%3E] > > Basically, there are a few minor changes are needed to fineract1.x to support > integration with a payments hub. The payments hub will handle most of the > functionality, so the changes to fineract1.x are to be minimal. > A new package will be created with new API endpoints. > The functional requirements will include: > * Get a quote > * Hold funds > * Send funds (confirmed ) > Assuming customers are authenticated and using a front end solution, in the > payments flow, end users (payors) get a "Request for Payment" (RfP) from a > Payee and after getting a quote for the cost of that payment, they do a > Payment Initiation. When they initiate the payment their checking/savings > account shows an entry which is debit-amount-on-hold. > There is a further requirement around lookup values - where a new "secondary > ID" is needed in the account table. That secondary ID is used for the > routing address of the payee. > To further explain the intent, imagine a payments switch between two > instances of fineract, the switch or "interoperable service for transfers" > (IST) talks over APIs to a thin "Payments Hub" on the fineract > infrastructure. > -- This message was sent by Atlassian Jira (v8.3.4#803005)