Glossary

Push Payments: How They Work | Glossary Modulr

Written by Modulr | Jul 24, 2025 11:00:00 PM
A push payment is a type of transaction where the payer actively initiates the transfer of funds to the recipient. This contrasts with pull payments, where the payee requests or withdraws funds. Push payments are commonly used in Faster Payments, CHAPS, SEPA Instant and Credit Transfer, and card transactions where the sender authorises the payment. Modulr enables businesses to leverage push payments for faster, more secure, and automated transactions, improving cash flow and operational efficiency.