Payment Types

The following describes the various types of payments possible:

Inbound Payments

Category	Type	Payment Scheme	Example Usage
UK Payments	PI_FAST	Faster Payments	Inbound GBP Payments from External Accounts
	PI_BACS	Bacs	Inbound GBP Payments from External Accounts
	PI_CHAPS	CHAPS	Inbound GBP Payments from External Accounts
	PI_DD	Direct Debit	Inbound GBP Direct Debit Collections
EU Payments	PI_SECT	SEPA Credit Transfers	Inbound EUR Payments from External Accounts
	PI_SEPA_INST	SEPA Instant Credit Transfers	Inbound EUR Payments from External Accounts
Card Payments	PI_MASTER	Mastercard	Card Refunds
	PI_VISA	VISA	Card Refunds

Outbound Payments

Category	Type	Payment Scheme	Example Usage
UK Payments	PO_FAST	Faster Payments	Outbound GBP Payments to External Accounts
	PO_CHAPS	CHAPS	Outbound GBP Payments to External Accounts
	PO_DD	Direct Debit	Outbound GBP Payments via Direct Debit
EU Payments	PO_SECT	SEPA Credit Transfers	Outbound EUR Payments to External Accounts
	PO_SEPA_INST	SEPA Instant Credit Transfers	Outbound EUR Payments to External Accounts
Card Payments	PO_MASTER	Mastercard	Card Settlements
	PO_VISA	VISA	Card Settlements

Other Payments

Category	Type	Payment Scheme	Example Usage
Other Types	INT_INTERC	N/A	Payments between Accounts on the Modulr Platform
	ADHOC	N/A	Miscellaneous Adjustments
	PI_REV	Various	Return of Previously Received Inbound Payments
	PO_REV	Various	Return of Previously Sent Outbound Payments