Written by Modulr | Jul 24, 2025 11:00:00 PM
A pull payment is a transaction where the payee initiates the transfer of funds from the payer’s account with prior authorisation. Common examples include Direct Debits, card payments, and subscription billing. Unlike push payments, which require the payer to take action, pull payments enable automated, recurring, and scheduled transactions. Modulr provides businesses with efficient pull payment solutions, ensuring seamless collections while maintaining compliance with payment scheme regulations.