diff --git a/src/libs/actions/IOU.ts b/src/libs/actions/IOU.ts
index b72b95a0c44f..a28c4490c7c9 100644
--- a/src/libs/actions/IOU.ts
+++ b/src/libs/actions/IOU.ts
@@ -197,8 +197,8 @@ type RequestMoneyParticipantParams = {
 
 type RequestMoneyInformation = {
     report: OnyxEntry<OnyxTypes.Report>;
-    participantData: RequestMoneyParticipantParams;
-    policyData?: RequestMoneyPolicyParams;
+    participantParams: RequestMoneyParticipantParams;
+    policyParams?: RequestMoneyPolicyParams;
     gpsPoints?: GPSPoint;
     action?: IOUAction;
     reimbursible?: boolean;
@@ -3565,9 +3565,9 @@ function shareTrackedExpense(
  * Submit expense to another user
  */
 function requestMoney(requestMoneyInformation: RequestMoneyInformation) {
-    const {report, participantData, policyData = {}, transactionData, gpsPoints, action, reimbursible} = requestMoneyInformation;
-    const {participant, payeeAccountID, payeeEmail} = participantData;
-    const {policy, policyCategories, policyTagList} = policyData;
+    const {report, participantParams, policyParams = {}, transactionData, gpsPoints, action, reimbursible} = requestMoneyInformation;
+    const {participant, payeeAccountID, payeeEmail} = participantParams;
+    const {policy, policyCategories, policyTagList} = policyParams;
     const {
         amount,
         currency,
diff --git a/src/pages/iou/request/step/IOURequestStepAmount.tsx b/src/pages/iou/request/step/IOURequestStepAmount.tsx
index 83cdfa194777..5a9fa9358355 100644
--- a/src/pages/iou/request/step/IOURequestStepAmount.tsx
+++ b/src/pages/iou/request/step/IOURequestStepAmount.tsx
@@ -212,7 +212,7 @@ function IOURequestStepAmount({
                     playSound(SOUNDS.DONE);
                     IOU.requestMoney({
                         report,
-                        participantData: {
+                        participantParams: {
                             participant: participants.at(0) ?? {},
                             payeeEmail: currentUserPersonalDetails.login,
                             payeeAccountID: currentUserPersonalDetails.accountID,
diff --git a/src/pages/iou/request/step/IOURequestStepConfirmation.tsx b/src/pages/iou/request/step/IOURequestStepConfirmation.tsx
index 7df544e967f9..1c3a34bfff42 100644
--- a/src/pages/iou/request/step/IOURequestStepConfirmation.tsx
+++ b/src/pages/iou/request/step/IOURequestStepConfirmation.tsx
@@ -240,12 +240,12 @@ function IOURequestStepConfirmation({
             }
             IOU.requestMoney({
                 report,
-                participantData: {
+                participantParams: {
                     payeeEmail: currentUserPersonalDetails.login,
                     payeeAccountID: currentUserPersonalDetails.accountID,
                     participant,
                 },
-                policyData: {
+                policyParams: {
                     policy,
                     policyTagList: policyTags,
                     policyCategories,
diff --git a/src/pages/iou/request/step/IOURequestStepScan/index.native.tsx b/src/pages/iou/request/step/IOURequestStepScan/index.native.tsx
index 0416315bbafc..29dccaa0f9f1 100644
--- a/src/pages/iou/request/step/IOURequestStepScan/index.native.tsx
+++ b/src/pages/iou/request/step/IOURequestStepScan/index.native.tsx
@@ -257,7 +257,7 @@ function IOURequestStepScan({
             } else {
                 IOU.requestMoney({
                     report,
-                    participantData: {
+                    participantParams: {
                         payeeEmail: currentUserPersonalDetails.login,
                         payeeAccountID: currentUserPersonalDetails.accountID,
                         participant,
@@ -357,12 +357,12 @@ function IOURequestStepScan({
                             } else {
                                 IOU.requestMoney({
                                     report,
-                                    participantData: {
+                                    participantParams: {
                                         payeeEmail: currentUserPersonalDetails.login,
                                         payeeAccountID: currentUserPersonalDetails.accountID,
                                         participant,
                                     },
-                                    policyData: {
+                                    policyParams: {
                                         policy,
                                     },
                                     gpsPoints: {
diff --git a/src/pages/iou/request/step/IOURequestStepScan/index.tsx b/src/pages/iou/request/step/IOURequestStepScan/index.tsx
index e646583bb67b..eb40fba34ddf 100644
--- a/src/pages/iou/request/step/IOURequestStepScan/index.tsx
+++ b/src/pages/iou/request/step/IOURequestStepScan/index.tsx
@@ -286,7 +286,7 @@ function IOURequestStepScan({
             } else {
                 IOU.requestMoney({
                     report,
-                    participantData: {
+                    participantParams: {
                         payeeEmail: currentUserPersonalDetails.login,
                         payeeAccountID: currentUserPersonalDetails.accountID,
                         participant,
@@ -387,12 +387,12 @@ function IOURequestStepScan({
                             } else {
                                 IOU.requestMoney({
                                     report,
-                                    participantData: {
+                                    participantParams: {
                                         payeeEmail: currentUserPersonalDetails.login,
                                         payeeAccountID: currentUserPersonalDetails.accountID,
                                         participant,
                                     },
-                                    policyData: {
+                                    policyParams: {
                                         policy,
                                     },
                                     gpsPoints: {
diff --git a/tests/actions/IOUTest.ts b/tests/actions/IOUTest.ts
index 909ec1b2068a..1928ed694228 100644
--- a/tests/actions/IOUTest.ts
+++ b/tests/actions/IOUTest.ts
@@ -82,7 +82,7 @@ describe('actions/IOU', () => {
             mockFetch?.pause?.();
             IOU.requestMoney({
                 report: {reportID: ''},
-                participantData: {
+                participantParams: {
                     payeeEmail: RORY_EMAIL,
                     payeeAccountID: RORY_ACCOUNT_ID,
                     participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID},
@@ -296,7 +296,7 @@ describe('actions/IOU', () => {
                 .then(() => {
                     IOU.requestMoney({
                         report: chatReport,
-                        participantData: {
+                        participantParams: {
                             payeeEmail: RORY_EMAIL,
                             payeeAccountID: RORY_ACCOUNT_ID,
                             participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID},
@@ -515,7 +515,7 @@ describe('actions/IOU', () => {
                     if (chatReport) {
                         IOU.requestMoney({
                             report: chatReport,
-                            participantData: {
+                            participantParams: {
                                 payeeEmail: RORY_EMAIL,
                                 payeeAccountID: RORY_ACCOUNT_ID,
                                 participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID},
@@ -670,7 +670,7 @@ describe('actions/IOU', () => {
             mockFetch?.pause?.();
             IOU.requestMoney({
                 report: {reportID: ''},
-                participantData: {
+                participantParams: {
                     payeeEmail: RORY_EMAIL,
                     payeeAccountID: RORY_ACCOUNT_ID,
                     participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID},
@@ -1486,7 +1486,7 @@ describe('actions/IOU', () => {
             let transaction: OnyxEntry<OnyxTypes.Transaction>;
             IOU.requestMoney({
                 report: {reportID: ''},
-                participantData: {
+                participantParams: {
                     payeeEmail: RORY_EMAIL,
                     payeeAccountID: RORY_ACCOUNT_ID,
                     participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID},
@@ -1722,7 +1722,7 @@ describe('actions/IOU', () => {
                     if (chatReport) {
                         IOU.requestMoney({
                             report: chatReport,
-                            participantData: {
+                            participantParams: {
                                 payeeEmail: RORY_EMAIL,
                                 payeeAccountID: RORY_ACCOUNT_ID,
                                 participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID},
@@ -1850,7 +1850,7 @@ describe('actions/IOU', () => {
                     if (chatReport) {
                         IOU.requestMoney({
                             report: chatReport,
-                            participantData: {
+                            participantParams: {
                                 payeeEmail: RORY_EMAIL,
                                 payeeAccountID: RORY_ACCOUNT_ID,
                                 participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID},
@@ -1951,7 +1951,7 @@ describe('actions/IOU', () => {
             // When a submit IOU expense is made
             IOU.requestMoney({
                 report: chatReport,
-                participantData: {
+                participantParams: {
                     payeeEmail: TEST_USER_LOGIN,
                     payeeAccountID: TEST_USER_ACCOUNT_ID,
                     participant: {login: RORY_EMAIL, accountID: RORY_ACCOUNT_ID},
@@ -2700,7 +2700,7 @@ describe('actions/IOU', () => {
             if (chatReport) {
                 IOU.requestMoney({
                     report: chatReport,
-                    participantData: {
+                    participantParams: {
                         payeeEmail: TEST_USER_LOGIN,
                         payeeAccountID: TEST_USER_ACCOUNT_ID,
                         participant: {login: RORY_EMAIL, accountID: RORY_ACCOUNT_ID},
@@ -2918,7 +2918,7 @@ describe('actions/IOU', () => {
                     if (chatReport) {
                         IOU.requestMoney({
                             report: chatReport,
-                            participantData: {
+                            participantParams: {
                                 payeeEmail: RORY_EMAIL,
                                 payeeAccountID: RORY_ACCOUNT_ID,
                                 participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID, isPolicyExpenseChat: true, reportID: chatReport.reportID},
@@ -3025,7 +3025,7 @@ describe('actions/IOU', () => {
                     if (chatReport) {
                         IOU.requestMoney({
                             report: chatReport,
-                            participantData: {
+                            participantParams: {
                                 payeeEmail: RORY_EMAIL,
                                 payeeAccountID: RORY_ACCOUNT_ID,
                                 participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID, isPolicyExpenseChat: true, reportID: chatReport.reportID},
@@ -3133,7 +3133,7 @@ describe('actions/IOU', () => {
                     if (chatReport) {
                         IOU.requestMoney({
                             report: chatReport,
-                            participantData: {
+                            participantParams: {
                                 payeeEmail: RORY_EMAIL,
                                 payeeAccountID: RORY_ACCOUNT_ID,
                                 participant: {login: CARLOS_EMAIL, accountID: CARLOS_ACCOUNT_ID, isPolicyExpenseChat: true, reportID: chatReport.reportID},