Moov Payment Processor Integration
We are excited to announce that we have added Moov as a fully integrated payment processor across our platform. Moov serves as a vertically integrated processor for card acceptance, ACH processing, and digital wallet storage, delivering real-time visibility into transaction tracking, settlement ledger entries, and accounting data. This native integration enables lenders to fully utilize Moov processors out-of-the-box and allows them to link their Moov accounts directly to LoanPro.
This integration allows lenders to do the following:
- Create and link Moov account within Secure Payments
- Configure Moov payment processors directly via LMS.
- Use Moov processors for payments and funding on both Loans and Lines of Credit (LOC)
- Surface Moov processors consistently across Payments, AutoPays, Funding, and Merchant Processor Groups.
How can I use it?
First, you must create a Moov account. This process can be started by navigating to Secure Payments > Profile > Partner Accounts. From here, click to add a partner account, select the desired environment in which you will be creating it, and choose Create / Link the Account. This action will redirect you to Moov’s native onboarding flow.
Once the onboarding flow has been fully completed, the linked Moov Wallet ID and/or Funding Bank Account will be available to use within a new payment processor. If necessary, you are allowed to save and resume your work on the Moov onboarding flow at any time via the Continue Onboarding button inside Secure Payments.
If you already have an existing Moov account, the same onboarding redirect can be used to link the account to Secure Payments.
Before a processor can be created, a Global API Key must be created and associated with the tenant’s Secure Payments account (via SP API v2). Once the key is in place, you can configure the processor via the UI or API.
When adding a new processor within the LMS UI, select the environment (Sandbox or Production) and a funding source (Moov Wallet or Funding Bank Account).