Create Payee

Overview

Creating a payee is a preparatory step before making payments. In Onerway's standard payment process, the system requires each recipient to create a unique beneficiaryId, and subsequent payments only need to reference this ID.

Why Create a Payee?

This mechanism ensures that each payee's account information is verified and archived, improving payout accuracy and compliance.

Applicable Scenarios

Creating a payee is applicable to the following business scenarios:

Scenario	Description	Advantages
Frequently Used Payee List	Pre-establish payment accounts for suppliers, employees, partners	Reduce duplicate entry
High-frequency Payments	Enterprises reuse the same payment account for multiple payments	Improve efficiency
Batch Settlements	External payments, refunds, settlements and other high-frequency scenarios	Batch processing

Operation Process

Step 1: Collect Basic Payee Information

Collect necessary information:

• Country
• Currency
• Entity Type (Individual / Business)
• Payment Method Payment Method Query Interface

Step 2: Call Payee Field Query Interface

Why Query?

Required fields may differ for different countries, currencies, and payment methods, so you need to query and confirm first.

Process:

1. Call the payee field query interface Payee Required Field Query Interface to query required fields
2. Get the list of required fields for the country/payment method
3. Ensure complete payee information is collected

Step 3: Submit Create Request

1. Call the create payee interface Add Payee Interface to submit payee information
2. System performs verification
3. Upon passing verification, returns beneficiaryId

Notes

• Please ensure all required fields are filled in
• Bank account information must be accurate
• Payee information must comply with local compliance requirements

Step 4: Initiate Payment Using beneficiaryId

1. Save beneficiaryId
2. Reference this ID when initiating payment Initiate Payment via Payee ID Interface
3. No need to fill in payee information again

FAQ

Q1: How soon after creating a payee can it be used?

Answer

The payee can be used immediately after successful creation.

Q2: Can a payee be used for multiple payments?

Answer

Yes. A created payee can be reused indefinitely, which is exactly the advantage of pre-creating payees.

Q3: What if the payee information is filled in incorrectly?

Answer

You can modify the information through the update payee interface Update Payee Interface, or delete Delete Payee Interface and recreate.

Q4: Do different currencies require creating different payees?

Answer

Yes, for the same payment account, different currencies require creating different beneficiaryIds.

Q5: Do different payment methods require creating different payees?

Answer

Yes, for the same payee name, different payment methods require creating different beneficiaryIds.