What is Payment Order?
Payment Order means the service where Merchant transfers in advance an amount into its Billplz Account (increase Payout Limit) before sending payment instructions to Billplz via API. Billplz thereafter processes the payment instructions received via API and performs disbursements accordingly.
It is different between Payout (collection) and Payment Order. This Payment Order specifically is to disburse payments from one (1) bank account to multiple bank accounts. For example, to pay multiple agents or drop shipper commission.
*Payment Order applicable for Standard & Enterprise Plan only.