# Payment Types

## Overview

This section provides an overview of the different payment types available within the Ryft platform. Each payment type serves a specific purpose and is designed to facilitate various transaction scenarios, ensuring flexibility and efficiency in payment processing.

## Further Reading

Single Payments
A Single Payment is a straightforward transaction made by the Main Account holder for the total amount without involving Sub-Accounts.

Platform Fee and Split Payments
Platform Fee and Split Payments allow the Main Account holder to collect fees or split payments among Sub-Accounts, providing flexibility in transaction management.

Recurring & Unscheduled Payments
Recurring and Unscheduled Payments enable businesses to automate payments using stored payment methods, either on a regular schedule or on an as-needed basis.

Subscriptions
Subscriptions allow merchants to set up recurring payments for their customers, enabling a seamless and automated billing process.

MOTO Payment
MOTO (Mail Order/Telephone Order) payments are transactions where the cardholder provides payment information over the phone or through mail, commonly used when online or in-person options are not available.

Apple Pay & Google Pay
Apple Pay and Google Pay are digital wallets that allow users to make payments using their mobile devices, providing a convenient and secure way to pay for goods and services.

Transfers
Transfers enable the movement of funds between the Main Account and Sub-Accounts, offering flexibility in managing account balances.

In-Person Payments
In-Person Payments refer to transactions that occur at physical locations using point-of-sale systems, facilitating seamless and secure payment processing.