What the shopper sees
This is an example of a payment made under a PayTo agreement in Australia, based on the Westpac online banking. Other banks may be formatted differently but will generally contain the same information.
For this bank, it shows:-
- The amount (as a debit in this case)
- Dates (but no times)
- Payment details including the unique reference and the extended description
- Merchant name (here “Megatix Australia Pty Ltd”)
- Payer (shopper) details including name and bank account details
- Internal references for the bank
