How to Make Direct Payment (Local Transfer)

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:


  1. Login to the Merchant dashboard
  2. Click on “Payments”
  3. Select Local transfers as shown below:



  4. Click on “Make a new transfer.”
  5. Select your payment source as Main Business Account
  6. 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:



  7. Please review your payment details, then select “Complete Transaction” to proceed.



  8. Finalize payment by inputting your One-Time Password (OTP) sent to your registered email address.


    Congratulations, you have successfully made a direct local payment!