PayTo Initiator Service Guide

Overview

PayTo is a payment method that allows merchants to initiate payments directly from a customer's bank account with their authorization.

Key Use Case Examples

• Recurring gym membership payments
• Utility bill payments
• Subscription services
• One-time or variable amount payments

Shaype Capabilities - Initiator Service

Shaype provides a comprehensive set of APIs to support PayTo agreement management:

• Create PayTo agreements
• View and modify existing agreements
• Handle payment authorizations
• Manage mandate statuses

Key Scenarios

Creating a PayTo Agreement

1. Check BSB PayTo Support
2. Create Mandate
3. Receive Webhook Notifications

View Details of a PayTo Agreement

• Retrieve latest agreement details
• Track agreement status
• Access payment history

Modifying a PayTo Agreement

Supported modifications:

• Unilateral changes (e.g., Creditor name)
• Bilateral changes (e.g., Payment frequency)

PayTo Payments Initiator Flow

1. Initiate Payment Request
2. Customer Authorization
3. Payment Processing

PayTo Notifications Service

• Real-time updates on mandate status
• Payment event notifications
• See <https://developer.shaype.com/page/build-in-progress-payto-transaction-status-updates#notifications> for details of update to Mandate Payment Event object

Check Industry Coverage

Verify PayTo support for specific industries and banking institutions.

List of Endpoints and Key Flows

• Mandate Creation
• Mandate Amendment
• Mandate Status Changes
• Payment Initiation