Payment Agent

Debt instruments' cash flows usually involve:

  • Principal repayment
  • Early repayment options
  • Coupon payments

D-ASA supports both on-chain and off-chain payment agents, depending on the settlement asset (see Settlement section).

The D-ASA payment methods MAY provide additional information about the payment.

The payment information could be used, for example, for:

  • Adding unique identifiers or external context to the payments
  • Enabling external payment system integration in the case of off-chain settlement
  • Providing information about the settled amount and conversion rate used with respect to the denomination asset