Scheduled Payments
Further reading on how to create scheduled payments with Yapily.
Introduction
Scheduled payments are payments which the user can configure from an Institution to pay an entity at a future date. It is
possible to create either domestic or international scheduled payments provided that the Institution supports either of the
following features in the feature array:
CREATE_DOMESTIC_SCHEDULED_PAYMENTCREATE_INTERNATIONAL_SCHEDULED_PAYMENT
Note: Open Banking only provides the means to send the payment initiation request to the Institution so it is not possible to
modify or cancel a scheduled through Open Banking, nor is it mandatory for banks to provide confirmation of the whether the
payment was successfully credited to the creditor's account.
Domestic Scheduled Payments
A scheduled payment can be created by specifying all the mandatory properties of a Single Payment along with the following properties in the PaymentRequest:
paymentDateTime(mandatory) - Specify the date of the future-dated payment
International Scheduled Payments
While rarely supported by every Institution, if the CREATE_INTERNATIONAL_SCHEDULED_PAYMENT feature is available, it is possible
to make international scheduled payments.
In addition to the properties required for a Domestic Scheduled Payment, you must specify the additional properties required for an International Payment.