Inbound PayShap

Electrum supports pay-by-proxy or pay-by-account inbound PayShap transactions. Our customers can handle the proxy resolution either by actively participating in the proxy resolution message flow themselves, or by using Electrum’s Account Mirror.

Electrum also supports request-to-pay-based transactions, in which the bank receives an inbound PayShap payment after initiating an outbound request-to-pay message to a payee at an industry bank.