Create a Payment to Beneficiary

When you create a payment, you create a payment ticket for the transfer of funds to the beneficiary. You can either create a single currency payment or include an underlying conversion for multi-currency payment. Payment funds for tickets are flexible, either coming directly from a budget in the user’s virtual account or being funded through a deposit made after the payment is created.

Payment creation steps

Generally, the process for creating a transfer includes the following steps:

1. Beneficiary creation - Create or lookup the beneficiary that you want to send the funds to.
2. Payment creation - Add required payment details.
3. Fund the payment - Automated budget withdrawal or manual deposit.

tip

If a payment fails, we'll refund your virtual account by creating a new payment.

Payment capabilities

Capay supports paying 30+ currencies, and follows international standard (ISO 4217 ) for representation of currencies.

Currency Code	Currency Name	Country	Global Payment	Local Payment
AED	United Arab Emirates Dirham	United Arab Emirates	√	√
AUD	Australian Dollar	Australia	√	√
BHD	Bahraini Dinar	Bahrain	√
BRL	Brazilian Real	Brazil		√
CAD	Canadian Dollar	Canada	√	√
CHF	Swiss Franc	Switzerland	√
CNH	Chinese Yuan (Offshore)	China	√
CNY	Chinese Yuan	China		√
CZK	Czech Koruna	Czech Republic	√	√
DKK	Danish Krone	Denmark	√	√
EUR	Euro	SEPA Countries	√	√
GBP	Pound Sterling	United Kingdom	√	√
HKD	Hong Kong Dollar	Hong Kong	√	√
HUF	Hungarian Forint	Hungary	√
IDR	Indonesian Rupiah	Indonesia		√
ILS	Israeli Shekel	Israel	√
INR	Indian Rupee	India		√
JPY	Japanese Yen	Japan	√
KES	Kenyan Shilling	Kenya	√
KRW	South Korean Won	South Korea		√
KWD	Kuwaiti Dinar	Kuwait	√
MXN	Mexican Peso	Mexico	√
MYR	Malaysian Ringgit	Malaysia		√
NOK	Norwegian Krone	Norway	√	√
NZD	New Zealand Dollar	New Zealand	√
OMR	Omani Rial	Oman	√
PHP	Philippine Peso	Philippines		√
PLN	Polish Złoty	Poland	√	√
QAR	Qatari Rial	Qatar	√
RON	Romanian Leu	Romania	√	√
SAR	Saudi Riyal	Saudi Arabia	√
SEK	Swedish Krona	Sweden	√	√
SGD	Singapore Dollar	Singapore	√	√
THB	Thai Baht	Thailand	√
TRY	Turkish Lira	Turkey	√	√
UGX	Ugandan Shilling	Uganda	√
USD	US Dollar	United States	√	√
VND	Vietnamese Dong	Vietnam		√
ZAR	South African Rand	South Africa	√

The table above lists the currencies technically supported by our API. The final capability of money collection available is subject to the valid commercial agreement.

Charged fee

For each payment transaction, a specific fee will be charged depending on the payment method associated with it.

Fee Type	Deducted From	Method
SHARED	Payment amount & Payment Fee	SWIFT
OURS	Payment Fee	SWIFT
LOCAL	Payment Fee	Local
INNER	-	CAPAY

INNER means that your beneficiary is a client of CAPAY as well, you are identified by uniquePayId as known as CAPAY FastID. It allows you to make payments with Capay‘s clients without charged fee.