Transactions: All Money Movement in One Place
The Transactions workspace provides a unified, real-time stream of every financial event across your business. It is built to handle high-volume daily activity smoothly, capturing payments, transfers, top-ups, withdrawals, fees, refunds, reversals, settlement activities, and internal balance movements—all without requiring manual configuration for each payment rail, channel, or transaction flow.
Whether a transaction originates from card payments, wallet transfers, payroll, payouts, or operational fees, the correct ledger accounts are instantly updated, and the activity reflects in your feed in real time.
Complete Financial Context
Each event is recorded with clear financial context, making it easy to trace the full lifecycle of a transaction from initiation to settlement. Finance teams get immediate visibility into how money moves, which balances were affected, what triggered the entry, and where each amount was routed.
This single-pane-of-glass approach makes day-to-day transaction monitoring significantly easier. It empowers teams to quickly investigate issues, validate movements, support reconciliation, and maintain strict operational control as volume grows.
Detailed Transaction Types
To provide complete financial visibility, the Vrtx ledger natively categorizes events based on their origin, network, and financial impact.
Consistent Architecture
Because every transaction type follows the exact same financial logic and posting structure within the ledger, reporting remains perfectly consistent, reconciliation becomes significantly easier, and transaction operations stay highly scalable as volume grows across multiple products and payment flows.
Card Transactions
These transactions originate from physical or virtual card usage across the Visa and mada networks.
| Type | Description |
|---|---|
| POS (Point of Sale) | In-person purchases made using a physical card or an NFC digital wallet (e.g., Apple Pay, mada Pay). |
| E-commerce | Online, card-not-present (CNP) purchases made on websites or mobile apps. |
| ATM Withdrawal | Cash withdrawals initiated at physical ATMs. |
| OCT (Original Credit) | Push-to-card transactions where funds are sent directly to a cardholder's account (often used for gig-worker payouts or fast refunds). |
| Balance Inquiry | Non-financial transactions checking the available balance at an ATM or terminal. |
| MOTO | Mail Order / Telephone Order. Card-not-present transactions manually keyed in by a merchant. |
| Refund | A merchant-initiated return of funds (partial or full) for a previously settled purchase. |
| Reversal | An automated undoing of a pending authorization that was canceled, expired, or failed to clear. |
Money Movement & Transfers
These events represent the flow of funds into, out of, or between Vrtx wallets and accounts.
Top-ups
Inbound funds crediting a wallet or account. These are commonly funded via external bank transfers, SADAD, or debit cards.
Transfers
Internal money movement between accounts within the Vrtx ecosystem (e.g., wallet-to-wallet, P2P, or business-to-customer).
Payouts
Outbound disbursements from a Vrtx account to an external bank account (IBAN) via local clearing systems such as SARIE.
Payroll
Bulk, automated disbursements routed to employee accounts or payroll cards, easily mapped to Wage Protection System (WPS) reporting standards.
System & Operational Entries
These transactions occur behind the scenes to maintain platform economics, collect revenue, and ensure network alignment.
| Type | Description |
|---|---|
| Fees | Automated deductions for platform usage, card issuance, interchange, or network assessments. These can be charged to the business's operating account or passed directly to the customer. |
| Settlement | Batch clearing entries that reconcile the Vrtx ledger with external bank partners and card networks (Visa/mada) at the end of a processing cycle. |