Scheduled Payments
Scheduled Payments are used to schedule a payment for future execution.
Common applications include salaries.
Schedules define the amount, token and frequency of the recurring payment. You can create a schedule using the web app.
A schedule can be executed once or multiple times depending on its frequency.
In order for executions to be performed, the user will need to have enough funds on its Gas Wallet to pay for blockchain fees.
An execution can fail if the sender hasn’t got enough funds on his wallet. In that case 8Pay will retry every 6 hours.
Customers can cancel a schedule anytime from the web app and it will not be executed again.
Last modified 5d ago