Payments to and from other Payset clients are free and instant. Each client also has a unique ID that simplifies transactions between Payset accounts.
Sending Funds Using a Payset ID
1. If you are sending funds for the first time to another Payset client, request their Payset ID.
See how to locate and share your Payset ID here.
2. Go to the currency wallet you'd like to send money from, click Send.
3. The Beneficiary page will open. Select Add beneficiary, choose Payset client, enter their Payset ID, and click Add and continue.
Note: If there is more than one wallet displayed, select the one with the last 4 digits of the IBAN (account number) your beneficiary provided.
4. Simply confirm and save the beneficiary details, then finalize the transaction by entering the amount to send and clicking Continue.
The recipient will be saved in your beneficiaries list to further simplify future transactions.
See our article on receiving funds from other Payset clients here.
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