Once a payment is created with in the Paid platform you are able to review the details, cancel and download a remittance (once it the payment is sent).
What are the payment status
Your payment will move through different status
- Processing: means that we are processing the payment with your provider
- Payment Scheduled: means that we have received confirmation from your provider that everything is ready for the payment to be sent
- Paid: means the funds have been released to your payee
What does the method mean
Depending on the currency and your payment amount one of four methods will be chosen by your provider.
- GBP: £<1m Faster Payments, £>1m BACA
- EUR: SEPA
- USD: Swift
How to download a remittance
Once your payment status is "paid" your remittance is available in the right hand side column.
How to cancel a payment