What is a Payment in CAPAY?

In Payment, users can transfer money in different currencies by using My E-Wallet balance, existing conversions, or creating a new conversion. When creating a payment, funding should be prepared beforehand in case of failure of creation.

How can I create a payment?

Firstly, fill in all the required information in the Create Payment Column:

  1. Fill in the payment information: Currency, Amount & Payment Date
  2. Select the beneficiary account you’d like to transfer to

Note: Company Beneficiary and Individual Beneficiary are both available. You can also ‘Add New Beneficiary’ by clicking the button at top of the dropdown.

  1. Select your preferred Charged Fee Type. (Note: Charged fee does not apply to a beneficiary with Unique Pay ID)
  2. Check the total amount you will pay, which includes Pay Amount and Charge Fee
  3. Fill in the Payment Reason & Payment Reference
  4. Click Place. In the Confirmation pop-up window, you can check all the payment details and select your preferable funding methods, by flexibly planning or with your E-Wallet only.
  5. After confirmation, your payment is created. You can check it or edit it in My Payments – History.

Note: When creating a payment, please make sure that your balance or conversion amount can fully cover your new payment in case of failure of creation.

Secondly, choose one or a combination of funding methods for this payment:

Using My E-Wallet

  1. Select a conversion and click Use.
  2. Fill in the amount and click Save to confirm.

Using My Conversions (Partial or All used)

  1. Fill in Buy AmountNote: The default amount will equal to shortfall amount. The amount cannot exceed the shortfall amount or the Conversion Limit amount. Unable to change Sell Amount, Settlement Date & Conversion Rate.
  2. Click Save and confirm. After confirmation, the conversion status will be changed from Unused to Used.Note: The conversion amount can be partially, or all used. If partially, the original conversion will be split into two conversions: a Used one (the amount users used) and an Unused one (the rest amount).