Capabilities | Moov Documentation

Capabilities

Capabilities define what payment functionality is available to a Moov account.

Capabilities give you granular control over your users' payment functionality while ensuring compliance with financial regulations and payment network requirements.

Each capability unlocks a specific payment functionality, for example, collecting card payments or sending instant bank transfers. Capabilities come with verification and underwriting requirements that must pass before they're enabled.

When enabled, capabilities allow accounts to:

• Money transfer: Move funds between cards for account funding, me-to-me, or P2P use cases
• Wallet: Store funds on the Moov platform
• Collect funds: Pull customer payments via cards, digital wallets, or ACH
• Send funds: Push payouts via ACH, instant bank transfers (RTP), or card networks
• Card issuing: Issue and manage virtual prepaid cards

The transfers capability is automatically enabled for all Moov accounts. The wallet.balance capability is automatically requested when any collect, send, money transfer, or card issuing capability is enabled.