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Dynamic Payment Method: Introduction

We are excited to introduce the Self-Service Payment Information and Registration Form Component in PaymentWorks, also known as Dynamic Payment Method (DPM). This feature is designed to give users enhanced control over configuring payment methods and terms while ensuring consistency and efficiency in the vendor registration process. With DPM, users can configure preferences, display conditions, and descriptions, creating a streamlined and user-friendly registration experience.

Feature Highlights

Self-Service Configuration

Dynamic Payment Method transforms how organizations manage payment methods and terms on registration forms. With this feature, users can:

  • Map and configure payment methods/terms.
  • Adjust the display order of methods.
  • Highlight recommended payment methods.
  • Customize display options and text for registration forms.
  • Add opt-out fields for virtual card options.

PaymentWorks Configuration Tables

  1. Payment Method Configuration Table:
    Map internal payment method values to PaymentWorks and customize their appearance on registration forms.
  2. Payment Term Configuration Table:
    Simplify and map payment terms for consistent communication during supplier registration.
  3. Registration Form Display Table:
    Predefine how payment methods and terms are displayed on registration forms, ensuring clarity and a tailored vendor experience.

Dynamic Form Component

Modernized registration forms feature:

  • Bank Location: A list of supported countries for vendor bank locations.
  • Payment Method/Term Selection: Configured based on the self-service mapping tables.
  • Virtual Card Opt-Out Reasons: Reasons why vendors might opt out of virtual card payments.
  • Interactive UI Display: New card-style tiles for payment methods with collapsible/expandable sections and markdown text for enhanced readability.

How to Upgrade to Dynamic Payment Method

New PaymentWorks Users

  • The Dynamic Payment Method feature is added to registration forms by default.
  • Administrators must configure the Payment Method, Term, and Display tables to activate the feature.

Existing PaymentWorks Users

  • Update Registration Form Display Tables:
    Use the in-app guided flow to complete the self-service display tables in both the Sandbox and Production environments.  

Transition to Prepare for Payee Profile

Payment Methods / Dynamic Payment Methods (DPM) –To ensure a consistent onboarding experience across all payers, Dynamic Payment Methods (DPM) will become the standard for configuring and displaying payment options to payees.

  • DPM replaces custom field–based setups with a central configuration table, allowing payers to define their available payment methods, terms, and preferred options. During onboarding, payees will see these choices as selectable cards or tiles, with the payer’s recommended method clearly labeled and preselected by default.

  • All payers will be required to create their DPM configuration in both sandbox and production environments by Feb 2, 2026 For most, existing payment data will be automatically mapped with no integration changes needed.
    PaymentWorks will work directly with a small number of payers who have more complex payment configurations to ensure a smooth transition.

This standardization improves consistency, simplifies setup and maintenance, and enhances data quality across the PaymentWorks network.

FAQs

  • Why am I getting this?

    • In February we are starting the process to transition to the new Payee Profile initiative. Payment Methods will become the standard for configuring and displaying payment options to payees in the new onboarding process. We are prompting all customers to configure their “Dynamic Payment Method” tables in sandbox/dev and production environments.

  • Next steps - how do I get this setup?

    • Navigate to Payment Mapping area. This can be found by clicking on the Setup & Manage Supplier Portal tile, then clicking the Payment Mapping button in the menu. You’ll see a pop up appear on your Payment Method screen. Follow the guided prompts to complete the steps. Nothing else required.

    • This is in preparation for the February release and will not impact the current “form” being used.

  • Do I have to submit a change request to turn this on?

    • No, these will automatically be available once the new Payee Profile & Onboarding Management releases go live in February.

  • Does this impact any of my payees currently registering?

    • No, this has no impact on any in-flight payees who are in the process of completing their registrations.

  • How does this affect my connected payees?

    • This does not have any impact on connected payees.

  • What if I want these payment options on now?

    • We understand the excitement and appreciate it! However, we ask that you be patient in waiting until the full release is ready, instead of implementing piecemeal. Be sure to have the tables completed by Feb 2, 2026and you’ll be all set.

  • When do I need to have this done by?

    • All customers must have this done by Feb 2, 2026.

  • I’m not the person to do this, can I send this to someone else?

    • No, the guided walkthrough cannot be forwarded, however it is triggered by the permission to “Edit Payment Methods” if someone else should be completing this please ensure they have that permission assigned. You can check with your System Administrator to confirm or if you are the System Administrator, check the permissions and roles in Account > Roles and Permissions. The permission is found under the Portal Setup group.

  • What happens once the rollout is complete?

    • After the release in February, whatever Payment Methods and terms you configure will be seen by payees. Be sure to update these according to your organization’s needs.

  • What happens if we don't do this?

    • If this is not completed by February 2, 2026 the PaymentWorks platform will not function properly for your organization. Specifically payment methods, any banking related fields will be unavailable preventing any payees from choosing a payment option during registration. Additionally, if you have an integration in place, it may fail until the payment methods are completed in the table.

For a detailed overview, visit our Self Service Payment Information & Form Component Release Notes!