Payment Requests
A Payment Request creates an invoice with payment details and returns a payment link. The payment link can be presented to customers using a QR code or other payment methods for immediate or scheduled payment.
When to use Payment Requests
A Payment Request can be used in the following scenarios:
- Create a dynamic QR code for immediate invoice payment for your online business. When a customer checks out, they can select this payment option and receive a QR code image for immediate payment.
- Create a dynamic QR code with a due date for a bill (e.g. energy bill). This QR code can be updated to apply interest or penalties depending on the terms of the invoice.
How Payment Requests work
A Payment Request creates a single use dynamic QR code. Each request must have a unique identifier which will be used throughout the QR code life cycle, linking the payment with the Payment Request invoice. This identifier can be assigned by you or J.P. Morgan; both parties will validate the uniqueness of the ID and reject duplicate or in-use identifiers.
Payment Requests have the following statuses:
| Value | Description |
|---|---|
ACTIVE |
Payment Request captured but not settled |
PROCESSING |
Payment is being processed |
SETTLED |
Payment Request captured and payment settled |
EXPIRED |
Payment Request expired |
CANCELLED |
Payment Request cancelled |
When creating a Payment Request via dynamic QR code, you can choose to receive information to generate the QR code image.
The following diagram how Payment Requests are generated, updated, and reconciled:
