How does incoming Payments function?

Subscriptions API - Transfers

It is important to know which transfer type are possible to use as a merchant. There are two:

  1. Instant Transfer
  2. Daily Transfer

 

Instant Transfer

Daily Transfer

WHEN TRANSFER IS DONE
  • MobilePay transfers instantly after the payment is completed.
  • Transfer might reach Merchant account later then MobilePay executes transfers. It depends on Merchant bank transfer times.
  • MobilePay transfers once per day, at night. Payments payed on day X will be transferred on day X+1.
  • Transfer might reach Merchant account later than MobilePay executes transfers. It depends on Merchant bank transfer times.

REFERENCE NUMBER
  • Field external_id for recurring payments and one_off_payment. external_id for one-off payments is used as Reference number.
  • Reference number is generated by MobilePay.
  • External Rules here.

HOW TO SET IT
  • Merchant can set Instant transfers for each Subscription provider in MobilePay portal.
  • Merchant can set Daily transfers for each Subscription provider in MobilePay portal.

BANK STATEMENT
  • external_id for recurring payments and one_off_payment.external_id for one-off payments will be used in bank statement in fields:
    • DK Text field.
    • FI Text field and Reference no. field.
  • MobilePay generated reference number will be used in bank statement in fields:
    • DK Text field.
    • FI Text field and Reference no. field.