Create Payer

When initiating the receiving corridor setup, it is essential to establish at least one payer account specific to the target country. For instance, if you intend to open a bank deposit service in Nigeria, you must create a payer account designated for Nigeria. Please refer to the attached document for further clarification.

Details for Payer Configuration:

• Name: Enter a name for the payer; this name will be visible to the customer.

• Currency: Select the appropriate currency; for Nigeria, choose NGN.

• Country: Specify the payer's country; for Nigeria, select Nigeria.

• Method: As previously discussed, there are three methods available: Bank Deposit, Cash Pickup, and Mobile Wallet. In this case, we will opt for Bank Deposit.

• Status: Choose between Active or Inactive.

• Min Limit: Set the minimum limit, indicating the amount customers must send at least.

• Max Limit: Establish the maximum limit, determining the highest amount customers can send.

• Transfer Prefix: If set, the system will add a prefix to the transfer code if the customer selects this payer.

Important: If you choose the method as "Bank," additional fields need to be added. These fields vary depending on the country. For example, when a customer selects the bank deposit payer, they may need to provide bank details such as the bank name and account number, or in some cases, IBAN/Branch code. Configuration of these specific fields is necessary to accommodate the requirements of the chosen payer. You can manage fields once payer is created.