Payments
Making Payments, Payment Limits, Fees, Payment History, Drafts & more!
1. How do I send money to another Rizq Client?
- Tap on Payments
- Tap on Send money in the bottom right hand corner
- Tap on To Rizq client
- Add the Recipients’ Phone number (447500000000)
- Add the Payment description and Tap Continue
- Check the Recipients’ name and choose the account
- Check details and Confirm payment.
2. How do I send money in the UK?
- Tap on Payments
- Tap on Send money in the bottom right hand corner
- Tap on European transfer
- Add the recipient’s name, account, address, bank details, and IBAN
- Add the Payment description
- Choose the Account and Currency
- Check the details and Confirm payment.
*** Please note that under current account limitations, you are only allowed to send/receive up to 10 transactions per day. This limit is a temporary measure until we fully launch in 2021.
3. Approving Payments
For all payments that are not contactless, you will be asked to enter a PIN to pay for purchases above £45. Remember, you can use contactless for purchases up to £45.
You will be required to authorise some purchases in-app or by using Text Messages and your PIN. If you don’t want to make a payment, please do not use your code in Text Messages, PIN or in-app authorisation.
4. Payment Limits
Account Limits
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Single send transaction: up to £5,000 / transaction
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Total send transactions for 24 hours: up to £5,000*
- Single receive transaction: up to £5,000 / transaction
*Please note that 24 hours means that if you sent a transaction at 9 a.m, then your next allowable limit is after 24 hours.
Card Limits
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Single transaction limit with your card: up to £250
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Daily transaction limit with your card: up to £1,000
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You can use your Rizq card for up to 10 transactions / day
Please note that these limits are constantly reviewed.
*** If you exceed these limits, your transaction will be declined.