Ad-hoc frequency for once-off PayTo agreements created via Pay by Bank

Once-off PayTo agreements created via the Pay by Bank UX are now presented to customers as ad-hoc rather than daily. The authorisation a customer sees in their banking app now better reflects the real intent, that funds will be taken once for their purchase, rather than on a recurring daily basis.

Previously, one-off agreements used a daily frequency. This resulted from a workaround at a time when some banks applied low limits to ad-hoc PayTo agreements. Those limits now vary by institution, risk category and mandate value, so we have moved back to the frequency that most accurately describes a single purchase.

There is no change to how funds are collected, and the end date logic is unchanged. No action is required on your side, new one-off agreements will simply present as ad-hoc.

📘 Learn more here: Receive PayTo agreements