This guide details how to integrate with Lead for your deposit account with debit card program, including details about setup, required money movement APIs, implementation process, and more.
Overview
Requirements
- Account Setup and Ongoing Management
- Debit Card issuing, BIN Sponsorship (if applicable)
- Integrate with money movement APIs (/SFTP transfers where applicable)
- Entity API set up for customer details and business relationships
- Virtual Account Number API setup to issue unique account numbers for each of your users
- Daily file sharing across user balances and transactions for reconciliation purposes
Special Considerations
- Lead sets up depository accounts with an account. There are a few different ways to configure your accounts. Contact your implementation team to determine the best configuration.
- We support many third party vendors in the fintech ecosystem across acquiring, issuing, and payment processing.
Flow of Funds
The following diagram illustrates the flow of funds for a depository account and its associated debit card.
Data Validation Requirements
Required data fields for Depository Accounts with Lead:
| File | Frequency | Notes |
|---|---|---|
| Account | Daily | A “compliance container” that holds multiple financial products on behalf of an entity, includes account identifiers, and account holder information. |
| Entities (via API) | Daily | Use the Entity API in order to send Lead required customer information, with customer relationships of business owners and/or authorized users and signers. |
| Nacha Files (via SFTP) or ACH (via API) | Daily (for files) On Demand (for API) | We require payment files in the form of Nacha files, or you can use our ACH API to no longer need to send the Nacha file to us directly. We recommend using our money movement APIs for all payment scenarios, as they reduce file transfer overhead and simplify your integration. |
| Transactions | Daily | Required: - Daily Batch - Non-Posted Transactions - Any Transaction updates |
| Balance | Daily | Required: - Daily Batch - Any account updates that affect balances |