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Other Finance Discussion
Payment Platforms - What are your thoughts?
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<blockquote data-quote="pangwen" data-source="post: 2246445" data-attributes="member: 27107"><p>One thing that came to my mind today - one of the things I liked about another payment platform was that it would tailor the transaction name to include the payee, so that each transaction that showed up on online banking would show:</p><p></p><p>"PAYMENT_PLATFORM_NAME*PAYEE PAYEE_LOCATION"</p><p></p><p>All of Yakpay's transactions currently come through as "YAK PAY INTERNATIONAL CAMBERWELL", so when doing multiple transactions, I get several rows of the same transaction descriptor in my online banking (which gets pulled into my accounting software). It's not a major deal because I can then pick out what is what based on the transaction date and value, but it would be handy if the transaction details could be tailored so that they would show (for example) "YAK PAY*ATO SYDNEY". It would make sorting and classifying transactions a lot simpler.</p></blockquote><p></p>
[QUOTE="pangwen, post: 2246445, member: 27107"] One thing that came to my mind today - one of the things I liked about another payment platform was that it would tailor the transaction name to include the payee, so that each transaction that showed up on online banking would show: "PAYMENT_PLATFORM_NAME*PAYEE PAYEE_LOCATION" All of Yakpay's transactions currently come through as "YAK PAY INTERNATIONAL CAMBERWELL", so when doing multiple transactions, I get several rows of the same transaction descriptor in my online banking (which gets pulled into my accounting software). It's not a major deal because I can then pick out what is what based on the transaction date and value, but it would be handy if the transaction details could be tailored so that they would show (for example) "YAK PAY*ATO SYDNEY". It would make sorting and classifying transactions a lot simpler. [/QUOTE]
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