Initiate payment
What you will learn
✅ How to initiate either a push or pull payment in COS Explorer
You can also use the initiate payments endpoint to perform this task via API.
Learn about Card Payments (CCP).
Before you begin
Make sure you have:
- Account product name
- Card token
- Account number
- Amount of payment
- Payment type (push or pull)
- If relevant, the corresponding entity (receiver or sender of funds) information:
- First and last legal name
- External account identifier
- Complete address
Process overview
Initiate either a push or pull payment.
Initiate payment
A red asterisk (*) indicates a required field.
Go to Initiate Payment under Card Payments. The Initiate Payment screen appears.
Complete the fields as indicated:
- For Product, enter the name of the account product the card was created under. You can search for this.
- For Card Token, enter the token itself. You can search for this.
- For Account Number, enter the bank account number the card is associated with. You can search for this.
- Select either Push or Pull for the payment type.
- Select the Business Type.
- If you want to provide a Corresponding Entity, complete the fields there. If not, toggle off Corresponding Entity.
Click Create Payment. The payment details screen opens. You can see the payment in the Payments list.