How to Make Direct Payment (Local Transfer)
Introduction
This guide provides step-by-step instructions for making a direct payment without first creating an expense.
Direct payments allow you to quickly transfer funds to vendors, suppliers, or service providers while maintaining proper documentation in your accounting records. By following this streamlined process, you'll be able to efficiently manage payments without the additional step of expense creation, saving you valuable time while ensuring financial accuracy.
To begin:
- Login to the Merchant dashboard
- Click on “Payments”
- Select Local transfers as shown below:
- Click on “Make a new transfer.”
- Select your payment source as Main Business Account
- Input the rest of the required information:
a. Amount
b. Select a beneficiary or create a new one by clicking on “Enter a new beneficiary.”
c. Add description
d. Once done, click on “continue” as shown below: - Please review your payment details, then select “Complete Transaction” to proceed.
- Finalize payment by inputting your One-Time Password (OTP) sent to your registered email address.Congratulations, you have successfully made a direct local payment!
Related Articles
How to Make Bulk Payments (Local Transfer)
Introduction The Bulk Payment feature allows you to initiate and process several payments in one flow, helping you save time and reduce repetitive steps. By following this process, you can efficiently manage payments to multiple vendors or ...Bulk Payment Frequently Asked Questions
Bulk Payments This section provides answers to common questions about making bulk payments for both transfers and expenses. It covers how to send payments to multiple beneficiaries at once, manage beneficiaries during the process, review transactions ...How to Make Multiple Expense Payments
Introduction The multiple expense payment feature allows you to settle several raised expenses at once, helping you manage payments more efficiently and reduce manual effort. This process lets you select approved expenses, initiate bulk payments, and ...How to Make Multiple Expense Payments
Introduction The multiple expense payment feature allows you to settle several raised expenses at once, helping you manage payments more efficiently and reduce manual effort. This process lets you select approved expenses, initiate bulk payments, and ...How to Make Multiple Expense Payments
Introduction The multiple expense payment feature allows you to settle several raised expenses at once, helping you manage payments more efficiently and reduce manual effort. This process lets you select approved expenses, initiate bulk payments, and ...