Payments — Moving Money to Pay Down Debt
What Payments Enable
Payments are where Method’s platform closes the loop from data to action. After discovering a user’s liabilities and retrieving their current account data, Payments enable your application to actually move money — initiating paydowns from your platform’s corporate funding account to your users’ creditors. This is the capability that transforms Method from a data platform into a complete debt management infrastructure. Without Payments, you can show users what they owe. With Payments, you can help them do something about it.What’s Required Before a Payment Can Be Made
1
A verified Entity
The user must complete identity verification.
2
A destination liability account
A supported liability Account, typically discovered through Connect, identifies where Method sends the funds.
3
A configured funding flow
Method configures FBO funding or Per-Payment funding during implementation. Compare them in Flow of Funds Setup.
4
Webhook handling
Payment processing is asynchronous. Consume webhooks to track status changes.