Additional Purpose Codes for SEPA Instant Payments
about 3 hours ago by Prajakta Patil
Support for additional purposeCode values for SEPA Instant payments is now live, enabling more granular payment purpose definition.
Newly Supported Values for purposeCode:
- SALA (Salary Payments)
- RENT (Rent Payments)
- SUPP (Supplier Payments)
- PENS (Pension Payments)
These values can be used across all payment initiation endpoints when initiating SEPA Instant payments. They flow through the full payment lifecycle and are delivered to the beneficiary.