Summary
Moov Financial is a payment infrastructure platform designed for businesses and developers. It offers tools to accept, store, send, and spend money, including card processing, ACH, instant payments, and virtual card issuance. The platform emphasizes flexibility, control, and data transparency for building custom payment experiences.
Features11/15
See allMust Have
4 of 5
Transparent Low Fees
Multi-Currency Account
Borderless Debit Card
Fast Transfer Execution
Mid-Market Exchange Rate Transfers
Other
7 of 10
Batch Payments
API Integration
Business Account Features
Mobile App
Regulatory Compliance
Multi-User Access
Customer Support
Real-Time Rate Alerts
Invoice Creation
Spending Analytics
PricingUsage-based
See allCard Acceptance - Online card & mobile wallet payments
- Accept payments via credit/debit cards and digital wallets like Apple Pay and Google Pay.
Card Acceptance - Tap to Pay
- Accept contactless payments using compatible iPhone or Android devices.
Card Acceptance - Card account updater
- Automatically update saved card details when customers’ cards expire or are replaced.
Card Acceptance - Disputes
- Manage chargebacks and payment disputes with built-in resolution tools.
Instant Payments - Instant RTP credit
- Send real-time payments directly to bank accounts, settling within seconds.
Instant Payments - Instant push to card
- Instantly send funds to debit cards via card networks.
Instant Payments - Instant pull from card
- Account funding transactions allow you to instantly fund an account using a debit card. Available to eligible financial institutions.
Bank debits & transfers - ACH debit
- Pull funds from customers’ bank accounts using ACH payments.
Bank debits & transfers - ACH same-day credit
- Transfer funds to bank accounts via ACH within the same business day.
Bank debits & transfers - ACH next-day credit
- Transfer funds to bank accounts via ACH, settling on the next business day.
Bank debits & transfers - Notice of change
- Receive updates from banks about changes to customers’ ACH account details.
Bank debits & transfers - ACH returns
- Handle failed ACH transactions due to insufficient funds, closed accounts, or incorrect details.
Bank debits & transfers - Unauthorized returns
- Address ACH return codes (e.g., R05, R07, R10, R29) for unauthorized transactions.
Moov wallets - Moov wallet
- Moov wallets make it possible to store funds, automate payouts from collected funds, and instantly transfer funds between Moov accounts. Each Moov wallet has a balance and a ledger of all debit and credit activity.
Payment links - Payment links
- Generate shareable links to accept payments without coding.
Payment links - Branded receipts
- Customize digital receipts with your branding for a seamless customer experience.
Virtual cards - Virtual card creation
- Instantly create virtual cards for secure vendor payments.
Virtual cards - Disputes
- Handle transaction disputes with built-in tools for resolution.
International payments
- Accept payments from customers around the world in multiple currencies.
Moov accounts - Instant bank account validation
- Instantly verify customer bank accounts for secure transactions.
Moov accounts - Third-party bank account validation
- Verify external bank accounts for payments and transfers.
Moov accounts - Verified business (KYB)
- Ensure compliance by verifying business identities during onboarding.
Moov accounts - Verified individual (KYC)
- Verify individual identities for regulatory compliance and fraud prevention.
Moov accounts - IRS Form 1099-K issuance
- Generate and distribute 1099-K tax forms for eligible businesses.
Moov accounts - Transaction monitoring
- Detect and prevent fraud with real-time transaction monitoring.
Moov accounts - PCI compliance
- Ensure compliance with PCI DSS for secure payment processing.
Data products - Data Sync
- Periodically sync Moov data to your data warehouse for analytics and reporting.
Rationale
Moov Financial offers a comprehensive payment platform for businesses, enabling them to accept, store, send, and spend money. While it provides features like transparent pricing, virtual cards (similar to borderless debit cards), fast payments (instant payouts), and API integration, it doesn't explicitly mention mid-market exchange rates for international transfers. Its focus is more on providing payment infrastructure for businesses rather than direct international money transfers for individuals at mid-market rates. However, it does support international payments and offers various features that align with the 'other' category, such as batch payments (transfer groups), business account features, and regulatory compliance.
