Depending on your recipient's bank and market, they will see a payment made from either:
Hong Kong - IPAYMY LIMITED
Singapore - IPAYMY TECHNOLOGIES PTE LTD
Malaysia - IPAYMY FOR BUSINESS SDN BHD
Australia - IPAYMY PTY LTD
The reference that appears next will be the 'Note to Landlord, Supplier or Employee' that you have entered when making a payment. You can always confirm what this note was by clicking on 'View' next to the payment in your dashboard or clicking on 'Payments' on the left navigation bar.