Pull payment

Treasury - cash management - payments - beneficiary.

A pull payment is a payment that is initiated by the beneficiary, rather than the payer.

Direct debits are an example of pull payments.

The other broad category of payments are push payments.

See also

• Beneficiary
• Continuous payment authority (CPA)
• Debit
• Direct debit
• Standing order
• Payments and payment systems
• Push payment
• Request to Pay
• Variable recurring payment (VRP)