diff --git a/src/libs/actions/IOU.ts b/src/libs/actions/IOU.ts
index a28c4490c7c9..10eee66428e8 100644
--- a/src/libs/actions/IOU.ts
+++ b/src/libs/actions/IOU.ts
@@ -165,7 +165,7 @@ type GPSPoint = {
     long: number;
 };
 
-type RequestMoneyTransactionData = {
+type RequestMoneyTransactionParams = {
     attendees: Attendee[] | undefined;
     amount: number;
     currency: string;
@@ -202,7 +202,7 @@ type RequestMoneyInformation = {
     gpsPoints?: GPSPoint;
     action?: IOUAction;
     reimbursible?: boolean;
-    transactionData: RequestMoneyTransactionData;
+    transactionParams: RequestMoneyTransactionParams;
 };
 
 let allPersonalDetails: OnyxTypes.PersonalDetailsList = {};
@@ -3565,7 +3565,7 @@ function shareTrackedExpense(
  * Submit expense to another user
  */
 function requestMoney(requestMoneyInformation: RequestMoneyInformation) {
-    const {report, participantParams, policyParams = {}, transactionData, gpsPoints, action, reimbursible} = requestMoneyInformation;
+    const {report, participantParams, policyParams = {}, transactionParams, gpsPoints, action, reimbursible} = requestMoneyInformation;
     const {participant, payeeAccountID, payeeEmail} = participantParams;
     const {policy, policyCategories, policyTagList} = policyParams;
     const {
@@ -3584,7 +3584,7 @@ function requestMoney(requestMoneyInformation: RequestMoneyInformation) {
         actionableWhisperReportActionID,
         linkedTrackedExpenseReportAction,
         linkedTrackedExpenseReportID,
-    } = transactionData;
+    } = transactionParams;
 
     // If the report is iou or expense report, we should get the linked chat report to be passed to the getMoneyRequestInformation function
     const isMoneyRequestReport = ReportUtils.isMoneyRequestReport(report);
diff --git a/src/pages/iou/request/step/IOURequestStepAmount.tsx b/src/pages/iou/request/step/IOURequestStepAmount.tsx
index 5a9fa9358355..72a931bf359c 100644
--- a/src/pages/iou/request/step/IOURequestStepAmount.tsx
+++ b/src/pages/iou/request/step/IOURequestStepAmount.tsx
@@ -217,7 +217,7 @@ function IOURequestStepAmount({
                             payeeEmail: currentUserPersonalDetails.login,
                             payeeAccountID: currentUserPersonalDetails.accountID,
                         },
-                        transactionData: {
+                        transactionParams: {
                             amount: backendAmount,
                             currency,
                             created: transaction?.created ?? '',
diff --git a/src/pages/iou/request/step/IOURequestStepConfirmation.tsx b/src/pages/iou/request/step/IOURequestStepConfirmation.tsx
index 1c3a34bfff42..d8c48dc3d587 100644
--- a/src/pages/iou/request/step/IOURequestStepConfirmation.tsx
+++ b/src/pages/iou/request/step/IOURequestStepConfirmation.tsx
@@ -252,7 +252,7 @@ function IOURequestStepConfirmation({
                 },
                 gpsPoints,
                 action,
-                transactionData: {
+                transactionParams: {
                     amount: transaction.amount,
                     attendees: transaction.attendees,
                     currency: transaction.currency,
diff --git a/src/pages/iou/request/step/IOURequestStepScan/index.native.tsx b/src/pages/iou/request/step/IOURequestStepScan/index.native.tsx
index 29dccaa0f9f1..d491c196e9c2 100644
--- a/src/pages/iou/request/step/IOURequestStepScan/index.native.tsx
+++ b/src/pages/iou/request/step/IOURequestStepScan/index.native.tsx
@@ -262,7 +262,7 @@ function IOURequestStepScan({
                         payeeAccountID: currentUserPersonalDetails.accountID,
                         participant,
                     },
-                    transactionData: {
+                    transactionParams: {
                         amount: 0,
                         attendees: transaction?.attendees,
                         currency: transaction?.currency ?? 'USD',
@@ -369,7 +369,7 @@ function IOURequestStepScan({
                                         lat: successData.coords.latitude,
                                         long: successData.coords.longitude,
                                     },
-                                    transactionData: {
+                                    transactionParams: {
                                         amount: 0,
                                         attendees: transaction?.attendees,
                                         currency: transaction?.currency ?? 'USD',
diff --git a/src/pages/iou/request/step/IOURequestStepScan/index.tsx b/src/pages/iou/request/step/IOURequestStepScan/index.tsx
index eb40fba34ddf..bc8622072226 100644
--- a/src/pages/iou/request/step/IOURequestStepScan/index.tsx
+++ b/src/pages/iou/request/step/IOURequestStepScan/index.tsx
@@ -291,7 +291,7 @@ function IOURequestStepScan({
                         payeeAccountID: currentUserPersonalDetails.accountID,
                         participant,
                     },
-                    transactionData: {
+                    transactionParams: {
                         amount: 0,
                         attendees: transaction?.attendees,
                         currency: transaction?.currency ?? 'USD',
@@ -399,7 +399,7 @@ function IOURequestStepScan({
                                         lat: successData.coords.latitude,
                                         long: successData.coords.longitude,
                                     },
-                                    transactionData: {
+                                    transactionParams: {
                                         amount: 0,
                                         attendees: transaction?.attendees,
                                         currency: transaction?.currency ?? 'USD',
diff --git a/tests/actions/IOUTest.ts b/tests/actions/IOUTest.ts
index 1928ed694228..4430ec0ce052 100644
--- a/tests/actions/IOUTest.ts
+++ b/tests/actions/IOUTest.ts
@@ -87,7 +87,7 @@ describe('actions/IOU', () => {
                     payeeAccountID: RORY_ACCOUNT_ID,
                     participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID},
                 },
-                transactionData: {
+                transactionParams: {
                     amount,
                     attendees: [],
                     currency: CONST.CURRENCY.USD,
@@ -301,7 +301,7 @@ describe('actions/IOU', () => {
                             payeeAccountID: RORY_ACCOUNT_ID,
                             participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID},
                         },
-                        transactionData: {
+                        transactionParams: {
                             amount,
                             attendees: [],
                             currency: CONST.CURRENCY.USD,
@@ -520,7 +520,7 @@ describe('actions/IOU', () => {
                                 payeeAccountID: RORY_ACCOUNT_ID,
                                 participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID},
                             },
-                            transactionData: {
+                            transactionParams: {
                                 amount,
                                 attendees: [],
                                 currency: CONST.CURRENCY.USD,
@@ -675,7 +675,7 @@ describe('actions/IOU', () => {
                     payeeAccountID: RORY_ACCOUNT_ID,
                     participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID},
                 },
-                transactionData: {
+                transactionParams: {
                     amount,
                     attendees: [],
                     currency: CONST.CURRENCY.USD,
@@ -1491,7 +1491,7 @@ describe('actions/IOU', () => {
                     payeeAccountID: RORY_ACCOUNT_ID,
                     participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID},
                 },
-                transactionData: {
+                transactionParams: {
                     amount,
                     attendees: [],
                     currency: CONST.CURRENCY.USD,
@@ -1727,7 +1727,7 @@ describe('actions/IOU', () => {
                                 payeeAccountID: RORY_ACCOUNT_ID,
                                 participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID},
                             },
-                            transactionData: {
+                            transactionParams: {
                                 amount,
                                 attendees: [],
                                 currency: CONST.CURRENCY.USD,
@@ -1855,7 +1855,7 @@ describe('actions/IOU', () => {
                                 payeeAccountID: RORY_ACCOUNT_ID,
                                 participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID},
                             },
-                            transactionData: {
+                            transactionParams: {
                                 amount,
                                 attendees: [],
                                 currency: CONST.CURRENCY.USD,
@@ -1956,7 +1956,7 @@ describe('actions/IOU', () => {
                     payeeAccountID: TEST_USER_ACCOUNT_ID,
                     participant: {login: RORY_EMAIL, accountID: RORY_ACCOUNT_ID},
                 },
-                transactionData: {
+                transactionParams: {
                     amount,
                     attendees: [],
                     currency: CONST.CURRENCY.USD,
@@ -2705,7 +2705,7 @@ describe('actions/IOU', () => {
                         payeeAccountID: TEST_USER_ACCOUNT_ID,
                         participant: {login: RORY_EMAIL, accountID: RORY_ACCOUNT_ID},
                     },
-                    transactionData: {
+                    transactionParams: {
                         amount: amount2,
                         attendees: [],
                         currency: CONST.CURRENCY.USD,
@@ -2923,7 +2923,7 @@ describe('actions/IOU', () => {
                                 payeeAccountID: RORY_ACCOUNT_ID,
                                 participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID, isPolicyExpenseChat: true, reportID: chatReport.reportID},
                             },
-                            transactionData: {
+                            transactionParams: {
                                 amount,
                                 attendees: [],
                                 currency: CONST.CURRENCY.USD,
@@ -3030,7 +3030,7 @@ describe('actions/IOU', () => {
                                 payeeAccountID: RORY_ACCOUNT_ID,
                                 participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID, isPolicyExpenseChat: true, reportID: chatReport.reportID},
                             },
-                            transactionData: {
+                            transactionParams: {
                                 amount,
                                 attendees: [],
                                 currency: CONST.CURRENCY.USD,
@@ -3138,7 +3138,7 @@ describe('actions/IOU', () => {
                                 payeeAccountID: RORY_ACCOUNT_ID,
                                 participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID, isPolicyExpenseChat: true, reportID: chatReport.reportID},
                             },
-                            transactionData: {
+                            transactionParams: {
                                 amount,
                                 attendees: [],
                                 currency: CONST.CURRENCY.USD,