Frequently Asked Questions

PayTo is a new, digital way for merchants and businesses to initiate real-time payments from their customers’ bank accounts.

• Merchants can offer PayTo as an alternative payment method for a variety of products and services, such as subscriptions, online or in-app purchases.
• Businesses can use PayTo to authorise third parties to manage payments on their behalf, such as payroll and accounts payable.
• Third parties such as fintechs and payments service providers, may incorporate PayTo into their own service offerings.