Payment - Algorand Specifications

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Algorand Specifications

A payment transaction additionally has the following fields:

FIELD CODEC TYPE REQUIRED
Amount amt uint64 Yes
Receiver rcv address Yes
Close-to close address No

The amount indicates the number of μALGO being transferred by the payment transaction.

If the amount is omitted, the number of μALGO transferred is zero.

The receiver specifies the receiver of the amount in the payment transaction.

If the receiver is omitted, the amount is transferred to the zero address.

The close to address ( OPTIONAL) collects all remaining μALGO in the sender account after the payment transfer.

If the close to address is omitted, the field has no effect.

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