Payment Reasons

A reason must be supplied for all cross-border payments and is a regulatory requirement for Paytron. It is important that the provided reason is representative of the Payment. Using UUID's, internal payment codes etc can cause issues and delays with payments as they may be flagged by financial institutions as suspicious payments.

Some example of payment reasons could be:

  • Trade Settlement For Goods
  • Trade Settlement For Service
  • Donation
  • Advertising
  • Delivery
  • Family
  • Consulting