Understanding Policies
Set limits, thresholds, and approval rules for your wallet and agents
What is a Policy?
A Policy in Payman is a programmable rule set that defines how, when, and how much money can move from your wallet — especially when agents or third-party apps are involved.
Think of it as your financial firewall:
No funds can move without matching the conditions set in your policy.
A policy helps you:
- Prevent unauthorized transfers
- Control daily/transactional limits
- Ensure approvals for high-value or unusual activity
System Policies
Payman provides several built-in system policies designed for different use cases.
| Policy Name | Description |
|---|---|
| Minimalist | Low-trust, ultra-restricted. For cautious users or low-activity wallets. |
| Personal Use | Light usage — for individuals with basic recurring payments or automation. |
| Professional | Balanced flexibility and control for freelancers or contractors. |
| Startup | Designed for small teams managing payouts, expenses, or business ops. |
| Enterprise | High-volume, high-trust accounts with human oversight. |
| Family | Moderate flexibility, but approval required for high-value transactions. |
You can clone and customize any system policy to fit your needs.
Custom Policies
You can also create your own policies from scratch.
Customizable fields include:
- Policy name & description
- Spend limits
Spend Controls
Each policy defines the following limits:
| Control | Description |
|---|---|
| Threshold | Amount above which manual approval is needed |
| Per Transaction | Maximum amount allowed per single payment |
| Daily Limit | Maximum total amount allowed per day |
| Monthly Limit | Maximum total amount allowed per month |
🔍 Threshold vs Approval
The threshold is the point at which your approval is required.
For example: if your threshold is ₹1,000, any payment above that will trigger a manual approval request.
When Are Policies Required?
Always.
You must assign a policy when:
- Creating an AI agent or app
- Connecting a wallet via OAuth
- Letting any automation act on your wallet
No policy = no access. Policies are mandatory for any programmatic money movement.
How to Set a Policy
- Go to the Policies tab in the Payman Dashboard
- Click Create Policy, or select a system policy
- Set spend limits and thresholds
- Assign the policy to your app, agent, or wallet
- Done — your wallet is now protected by programmable rules
Cloning & Customizing Policies
System policies are not editable directly — but you can clone any of them and tailor it to your needs.
Once cloned, you can:
- Change the name and description
- Adjust spend limits and thresholds
- Apply it to any wallet or app you own
Cloned policies are private to your account or organization.
Why It Matters
Policies are your guardrails. They make sure:
- Small or routine payments flow automatically
- Unusual or high-risk transactions are paused for approval
- Your wallet stays safe — even with autonomous agents involved
No wallet connected to an app or agent can move money unless it’s governed by a policy.
Need help? Reach out to support@paymanai.com