Send an Instant Payment

In order to send an Instant Payment, you must first receive an Instant Payment Request from another Paynode member. Instant Payment Requests can be paid 24/7/365, freeing you from traditional banking hours and constraints.

Watch this video to get a quick overview of how Instant Payments can be sent.

Important Note:

In the Account Console, Instant Payments will show as Transfers.

How does paying an Instant Payment work?

🔸 Instant Payment Requests are initiated and sent by other Paynode members in two ways.

  1. Email - Upon receipt of the email, click on the URL to proceed to pay.

  2. Payment ID - In Paynode, go to the Outgoing Payments Tab, click the Instant Payment button, and paste in the Payment ID to set up the payment.

🔸 Your Currency Account is required to have enough funds to cover the full amount being requested. Before payment, you can:

🔸 Paying an Instant Payments requires the approval of a user within your organization that has the permission to pay an Instant Payment (usually the Account Admin and Finance Teams).

Learn more about Instant Payments

  1. How to request an Instant Payment.

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