Mandates (direct debits)

Let a supplier collect up to a fixed amount each period, within limits you sign.

A mandate is a direct debit. Your approvers sign once to let a supplier collect up to a fixed amount each period from the company account; the supplier then collects without asking again.

Set one up

1. Open Mandates.
2. Enter the company account, the payee, the cap per period in USDT, the period (monthly, 30 days, or weekly) and the expiry date.
3. Choose Review. Tazor checks the mandate against the contract before you sign.
4. Approve with passkey, and add a second approver if the cap needs two.
5. Choose Create mandate. It takes one transaction.

Collecting

• Each row shows what can be collected now in the current period.
• A collection above what is left is refused by the contract.
• The period resets automatically; unused amounts do not roll over.