Outgoing payment

This section explains how to successfully initiate an outgoing payment, using a standard credit transfer as an example.

Initiating an outgoing payment involves the following steps:

1

Create payment

It is the first step of the payment initiation process, which creates a draft payment.

2

Change payment

It is an optional intermediary step allowing to change the draft payment before its confirmation.

3

Cancel payment

It is an optional intermediary step allowing the cancellation (rejection) of the draft payment before its confirmation.

4

Confirm payment

It is the final step in completing the payment initiation process, reserving the money in the client account, and starting the payment processing towards settlement.