Create Payments

The “Create a Payment” endpoint allows users to move funds between an account, identified as account_id, and a “counterparty”. A counterparty is the other party of the payment, in this case the beneficiary - the entity who will receive the funds.

  • Endpoint: /accounts/{account_id}/payment(link to endpoint section under API Reference)
  • Description: Facilitates the creation of new payments within the system, allowing users to initiate a new payment to be sent to a specific counterparty.
  • Use case example: Useful for businesses needing to trigger payments automatically to process customer transactions, vendor payments, or internal fund transfers. This endpoint would allow the system to execute, for example, payroll payments.

NOTE:When creating payments, ensure that all required fields are correctly filled to avoid transaction errors and delays.