SCT10 - Closed-loop Operation
Self-contained financial ecosystem for specific use cases via API
SCT10 - Closed-loop Operation
Self-contained financial ecosystem for specific use cases, enabling controlled internal transactions and custom payment instruments through the API.
Overview
This capability enables your platform to operate a closed-loop financial ecosystem where transactions occur within a controlled network, ideal for loyalty programs, corporate ecosystems, or specialized marketplaces.
Features
| Feature | Description |
|---|---|
| Internal Wallet System | Closed-loop wallet balances |
| Network Transactions | Internal peer-to-peer transfers |
| Custom Instruments | Branded payment instruments |
| Loyalty Integration | Points and rewards systems |
| Ecosystem Management | Control participant access |
Configuration Options
| Level | Features | External Access |
|---|---|---|
| Basic | Simple closed-loop transactions | None |
| Standard | Full ecosystem with loyalty | Limited (load only) |
| Advanced | Hybrid closed/open loop | Full external connections |
API Usage
Create Closed-loop Wallet
POST /api/v1/wallets
Content-Type: application/json
Authorization: Bearer {access_token}
{
"customer_id": "cust_abc123",
"wallet_type": "CLOSED_LOOP",
"currency": "EUR",
"name": "Loyalty Wallet"
}Response:
{
"wallet_id": "wal_xyz789",
"customer_id": "cust_abc123",
"wallet_type": "CLOSED_LOOP",
"currency": "EUR",
"balance": 0.00,
"status": "ACTIVE"
}Internal Transfer
POST /api/v1/wallets/transfers/internal
Content-Type: application/json
Authorization: Bearer {access_token}
{
"source_wallet_id": "wal_xyz789",
"destination_wallet_id": "wal_merchant001",
"amount": 50.00,
"currency": "EUR",
"reference": "Purchase at Store A"
}Load Wallet from External Source (Advanced)
POST /api/v1/wallets/{wallet_id}/load
Content-Type: application/json
Authorization: Bearer {access_token}
{
"amount": 100.00,
"source_type": "BANK_TRANSFER",
"source_reference": "ref_123456"
}Use Cases
| Use Case | Description |
|---|---|
| Corporate Ecosystem | Internal corporate payments and expenses |
| Marketplace | Buyer-seller transactions within platform |
| Loyalty Program | Points earning and redemption |
| Gift Cards | Closed-loop gift card systems |
Integration with Other Capabilities
| Capability | Integration |
|---|---|
| SCT03 - Country | Wallet availability per country |
| SCT05 - Subscription | Recurring value loads |
| SCT11 - Compliance | Internal transaction monitoring |
Related API Reference
Wallet APIs
View detailed wallet API specifications
Subscription Tier Availability
| Tier | Configuration Level |
|---|---|
| Starter | Not included |
| Professional | Basic |
| Enterprise | Advanced |
| Custom | Configurable |