Introduction

1. Operation Process

(1) The merchant collects the user's account information for accepting disbursement on its own website or APP interface;

Note:

For account information requirements, please refer to: 《Disbursement Application Template and Filling Specifications》
For the account top-up process, please refer to: [Merchant Top up Process]

(2) The merchant makes a disbursement request to PayerMax through the MMC or API interface;

(3) After the PayerMax server knows the final payment status, it asynchronously pushes the disbursement result of the order to the specified callback URL to the merchant;

(4) Merchants can also actively call the order request API to inquire about payment order details;

(5) Disbursement is irreversible and cannot be withdrawn once initiated.

2. Product Form

The merchant can create disbursements via PayerMax merchant dashboard or API depending on what might suit the merchant's business needs.

2.1 Automatic Disbursement via API

(1) Simplify manual operation;

(2) One API integrates multiple countries and multiple payment methods to help merchants save integration time and improve integration efficiency;

(3) It can be used flexibly in combination with merchant business scenarios, such as calling the API for disbursement immediately after the user initiates an application.

2.2 Batch Disbursement via Merchant Dashboard

(1) No need for technical integration, helping merchants to quickly and easily unlock disbursement services;

(2) Allow 10,000 disbursement transactions to be done at one time through a single excel file, enhancing payment efficiency.

3. Payment Method Type and Target Organization

The payment method type and target organizations currently supported by the disbursement service are divided into the following types:

Payment Method Type	Target Organization Description
WALLET	The wallet needs to be specified in the targetOrg
CASH	The specific disbursement organization needs to be specified in the targetOrg
CARD	No need to specify the target org, automatically identified by the card number
BANK_TRANSFER	The requirements are different in different countries, which are divided into two modes: 1. Need to specify the target org: specify the bank of the payee, see 【Disbursement Application Template and Filling Specifications-Target Org List】 2. No need to specify the org: automatically recognize through the bank account or bankCode parameter
	The target institution (targetOrg) and the bank code (bankCode) both represent the bank information of the payee. Target institution:PMmax defines the bank code separately. For example, Bank of China, the target institution of PMmax may be called ABC Bank code:the bank code in the payment element information is a globally unified code or a unified code of the country and region, and PMmax does not define the bank code separately.For example, Bank of China,SwiftCode is BKCHCNBJ If it is mandatory to pass: (1)The country that defines the target institution,and targetOrg is a required field in the interface.In this case, the bankCode can be omitted. (2)The country of the target institution is not defined. If the bank code is collected in the payment elements, it needs to be Fill in the information into the bankCode field.
ATM_CARD	The bank needs to be specified in the targetOrg
CARRIER_BILLING	According to the needs of the merchants, two modes can be supported: 1、Specify the target org: directly specify the operator corresponding to the payee's mobile phone number, see 【Disbursement Application Template and Filling Specifications-Target Org List】 2、Without specifying the target org: According to the payee's account number (accountNo) for automatic matching
REALTIME_PAYMENT	There are two specific modes based on different requirements in different countries: 1、Need to specify the target org: Specify the specific bank for the payee, see 【Disbursement Application Template and Filling Specifications-Target Org List】 2、No need to specify the org: Fill in the corresponding clearing system name, such as FPS for Hong Kong and PAYNOW for Singapore