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

Wallet APIs

View detailed wallet API specifications

Subscription Tier Availability

Tier	Configuration Level
Starter	Not included
Professional	Basic
Enterprise	Advanced
Custom	Configurable

​SCT10 - Closed-loop Operation

​Overview

​Features

​Configuration Options

​API Usage

​Create Closed-loop Wallet

​Internal Transfer

​Load Wallet from External Source (Advanced)

​Use Cases

​Integration with Other Capabilities

​Related API Reference