Payment

The Payments API endpoints allow you to execute and manage payments from a monetary account. There are three main features:

  1. Payments

  2. Payments Auto Allocate,

  3. Payment Batch.

Standard Payments are used for sending individual payments directly, while Payments Auto Allocate can automatically determine the appropriate monetary account for a payment based on predefined rules. Payment Batch enables sending multiple payments at once,

Be aware that Payment Service Providers (PSPs) due to PSD2 restrictions, cannot execute transactions. They can initiate transactions but the user still has to confirm.

As such PSPs must instead use Draft Payment, which allow multiple payment entries in a single request while still requiring the end user to accept each payment in the app.

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