FXM Overview

Funds Transfer Management (FXM) manages payment processing, externally connected funds accounts, balances, and transaction information within the Raytio platform.

FXM is distinct from Cash Management (CMM). FXM describes money movement and externally sourced account information. CMM describes the organisation's own bank account setup, such as which internal bank account is used for payables, receivables, treasury, or payroll.

Module scope

FXM covers three functional areas:

1. Payment processing - connecting Raytio to external payment processors and managing the credentials needed for those integrations.
2. Payer payment methods - representing payment instruments such as cards, direct debit details, wallets, and electronic funds transfer methods.
3. Funds accounts and transactions - representing accounts retrieved from account information providers, including balances, parties, status history, and transaction details.

How the concepts relate

FXM connects several financial concepts:

• Payment processors are third-party services, such as card gateways or payment processors, used to capture or process payments.
• Processor credentials hold the connection details for those services. Public keys can be exposed to client applications where appropriate, while secret credentials remain restricted.
• Payer payment methods belong to customers and describe how that customer can be charged.
• Funds accounts represent accounts retrieved from banks, neobanks, or payment institutions through account information services.
• Access consents record the permission granted by an account holder for an account information provider to retrieve account data.
• Balances and transactions record account position and account activity over time.

Separation from CMM

FXM and CMM are intentionally documented separately because they answer different questions:

Area	FXM	CMM
Main purpose	Connected funds accounts, payment methods, and transaction activity	Internal bank account setup and account usage
Typical source	Payment processors, banks, account information providers	Tenant administrators
Typical users	Finance, billing, payments, and account information workflows	Finance operations, treasury, payroll, payables, and receivables teams
Example question	"What transactions were retrieved for this connected account?"	"Which internal account should this operating unit use for payroll?"

See Cash Management (CMM) for internal bank account configuration.

Public views

FXM exposes privacy-protected views for account balances and transactions. These views are designed for customer-facing and integration use cases where exact identifiers or highly granular financial details are not required.

The public views may:

• replace internal identifiers with stable privacy-safe values
• round monetary values for safer aggregation
• reduce timestamps to date-level precision
• omit free-text descriptions while retaining structured transaction details

Default processor setup

Raytio can provide a default external payment processor setup for new tenants. The exact processor and available environments depend on the tenant configuration.