What is a Payment Request
  • 06 Oct 2023
  • 1 Minute to read
  • Contributors
  • Dark
    Light
  • PDF

What is a Payment Request

  • Dark
    Light
  • PDF

Article summary

Overview

A Payment Request is a tool that allows you to request a payment from an individual or a company. You can link it to one or more transactions, or even associate it with an account, like when you need to collect a deposit. The flexibility allows you to create multiple payment requests related to the same set of transactions.

Payment Allocation

When a payment is received for a payment request, that payment is matched up with the associated transaction. This ensures that the payment is allocated correctly. In case a customer tries to make another payment for the same transaction through a different payment request, our system is intelligent enough to handle it seamlessly. It will only permit payments for any remaining amounts that are due, preventing double payments for the same transaction.

What's in a Payment Request?

  • Default name, address and email of the customer
  • Details on one or more transactions that need to be paid
  • An optional amount to pay against each transaction

Each payment request is represented by a unique URL that can be emailed to your customer. For example:

https://payments.paythem.co/pr/qCPkbmGecGZ0H2L0UUF9_JscaPz4CeMb_Edhn3sGOYLj1rsSFl5nz-5-p3z15C34