diff --git a/paystackpy/transfers.py b/paystackpy/transfers.py
index 7f08fb1..482af2f 100644
--- a/paystackpy/transfers.py
+++ b/paystackpy/transfers.py
@@ -8,7 +8,7 @@ def create_transfer_recipient(self, receipt_type='nuban', name=None, metadata=No
                                   currency=None, description=None, authorization_code=None):
         url = self._url("/transferrecipient")
         payload = {
-            "receipt_type": receipt_type,
+            "type": receipt_type,
             "name": name,
             "metadata": metadata,
             "account_number": account_number,
diff --git a/paystackpy/version.py b/paystackpy/version.py
index 9314eb9..4a4f029 100644
--- a/paystackpy/version.py
+++ b/paystackpy/version.py
@@ -1,5 +1,5 @@
 __title__ = 'paystackpy'
-__version__ = '0.0.3'
+__version__ = '0.0.4'
 __author__ = 'Confi Yobo'
 __license__ = 'MIT'
 __copyright__ = 'Copyright 2016. Confi Yobo'
diff --git a/setup.py b/setup.py
index c6f13a8..b3561e3 100644
--- a/setup.py
+++ b/setup.py
@@ -14,7 +14,7 @@
     long_description_content_type="text/markdown",
     url="https://github.com/ConfiYobo/paystackpy",
     packages=setuptools.find_packages(),
-    download_url='https://github.com/ConfiYobo/paystackpy/archive/0.03.tar.gz',
+    download_url='https://github.com/ConfiYobo/paystackpy/archive/0.04.tar.gz',
     classifiers=[
         "Programming Language :: Python :: 3",
         "License :: OSI Approved :: MIT License",