At the heart of every PayTo transaction is an agreement. This is a digital version of a Direct Debit Authority that is generated and sent directly to the payer's internet banking app. When the agreement is sent, they will receive a notification to review the agreement, allowing them to approve or decline it.The agreement will list the frequency, amount, merchant's details and description for the agreement.Once the agreement is approved, it can then be used to process transactions.
Modified at 2026-07-10 06:50:46
