Articles on: Payments

Flow of Funds

Step 1: Fund Your Plumter Wallet: Fund your business wallet with naira.

Step 2: Swap Your Currency: Swap your naira to save your preferred rates.

Step 3: Create a Payment Ticket: Create a payment ticket successfully by providing payment details and proper beneficiary details.

Step 4: Compliance Verification: Plumter will verify the provided details and ensure compliance with regulatory requirements.

Step 5: Transfer to Supplier: Plumter will execute the fund transfer to the supplier.

Step 6: Confirmation and Tracking: Plumter will provide confirmation of the fund transfer to both the importer and the supplier. Also, a tracking number will be provided on the receipt to ensure transparency and visibility of the payment process.

Updated on: 16/09/2023

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