FAQs

What is ‘restricted payment frequency PayTo agreements’?

Restricted frequency is a feature for Business Networks (or those personal customers who have Shared Access to their account via a Personal Networks) where they can allocate users to manage higher frequencies of PayTo agreements. Below is the access allowed for Network users and what they mean:

• ‘Manage PayTo agreements’
  • Switching this on will allow users to:
    • approve PayTo agreements that aren’t restricted or higher frequency payments (for example, PayTo agreements that have a weekly or monthly frequency)
    • manage all PayTo agreements (including restricted frequency): manage means users can change the linked account, pause, resume and cancel the PayTo agreement
• ‘Manage restricted frequency PayTo agreements’:
  • Switching this on will allow users to:
    • approve PayTo agreements that have a restricted or higher payment frequencies such as:
      • One Off (one single payment on biller’s request)
      • Anytime (no set interval – payments are debited on biller’s request)
      • Payments made multiple times within a day,
      • Daily

PayTo agreements and payments are not included in your Network users’ allocated Daily Payment Limit, so please keep this in mind when providing PayTo permissions for your Network users.