About payments

Payments represent the transfer of money from Vitesse accounts to recipients.

Each payment originates from a specific account. The platform validates the payment, applies routing and risk checks, and then submits it to a payment network or banking partner for execution. Each stage of the payment lifecycle is tracked.

Vitesse releases payments on a prefunded basis, so you must ensure sufficient cleared funds are available before instructing any outbound payment.

Payment routing

Payments are routed using:

• Domestic payment networks (for example FPS, ACH, SEPA)
• SWIFT for cross-border payments

The selected route depends on the destination country, currency, and hub.

For more information, see Payment coverage by hub.

Rules and data requirements

Each payment must meet route-specific requirements based on destination and method.

These include:

• Required banking fields
• Field formats and validation rules
• Conditional requirements based on route type