Payment Initiation
Pay by bank, with the controls finance teams ask for.
Initiate payments from a connected account with maker and checker approval, payment screening and a clear status from request to settlement. Every step is written to the audit trail.
What it does
Capabilities
Each item says whether it is shown in the prototype console today or is planned. Planned items are not available.
Maker and checker approval
Shown in prototypePayments above a threshold wait for a second person. Makers cannot approve their own payments.
Fraud Shield screening
Shown in prototypeEach payment is scored. The console warns at 30, holds at 55 and blocks at 90, with a 24 hour hold window.
Beneficiary checks
Shown in prototypePayee names are compared before money moves, with a clear match, partial or no-match result.
Payment links
Shown in prototypeCreate hosted payment links for payers who do not have a console account.
Refunds and ledger
Shown in prototypeRefund requests, a settlement ledger and statement reconciliation sit alongside payments.
How it works
Four steps
- 01
Choose the payee
Pick or add a beneficiary and run the name check.
- 02
Enter amount and reference
Funds are checked before the payment is submitted.
- 03
Approve and screen
Approvals and Fraud Shield decide whether it is sent, held or blocked.
- 04
Authorise and settle
The payer authorises at their bank. Status updates through to settlement.
In the console
Real screens from the prototype
Captured from the running prototype with simulated data.
For developers
Request shape
An illustration of the kind of data involved. API reference and SDKs are not yet published, so no endpoints are listed.
Illustrative request shape
{
"amount": "2000.00",
"currency": "GBP",
"beneficiary": "ben_demo_001",
"reference": "INV-1042",
"note": "Illustrative only - not a published endpoint"
}UK context
Regulatory background
Payment initiation is a regulated payment service in the UK. Faster Payments is the usual UK account-to-account rail; this site makes no claim about specific bank coverage.
General background, not legal advice. No authorisation or certification is claimed on this page.
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