The following describes the various types of payments possible:
Category | Type | Payment Scheme | Example Usage |
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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 |
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 |
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 |