diff --git a/README.md b/README.md
index 99ee50d..548969c 100644
--- a/README.md
+++ b/README.md
@@ -31,7 +31,16 @@ A contracting process where fees are applied to access bidding documents and to
         "methodOfPayment": [
           "wireTransfer",
           "cheque"
-        ]
+        ],
+        "payee": {
+          "id": "ORG-0001",
+          "name": "Highway Division"
+        },
+        "paymentAddress": {
+          "locality": "Jawali",
+          "region": "Himachal Pradesh",
+          "countryName": "India"
+        }
       },
       {
         "id": "2",
@@ -45,7 +54,11 @@ A contracting process where fees are applied to access bidding documents and to
         "description": "Fee payable within e-procurement system.",
         "methodOfPayment": [
           "wireTransfer"
-        ]
+        ],
+        "payee": {
+          "id": "ORG-0001",
+          "name": "Highway Division"
+        }
       }
     ]
   }
@@ -87,7 +100,10 @@ Report issues for this extension in the [ocds-extensions repository](https://git
 ### Unreleased
 
 * Make `ParticipationFee.id` required so that participation fees are merged by identifier
-* Add `relativeValue` field
+* Add fields:
+  * `relativeValue`
+  * `payee`
+  * `paymentAddress`
 
 ### v1.1.5
 
diff --git a/release-schema.json b/release-schema.json
index 77db891..ea3fabe 100644
--- a/release-schema.json
+++ b/release-schema.json
@@ -51,7 +51,7 @@
           ]
         },
         "methodOfPayment": {
-          "title": "Method(s) of payment",
+          "title": "Payment methods",
           "description": "The accepted ways in which fees can be paid.",
           "type": [
             "array",
@@ -63,6 +63,16 @@
           "codelist": "methodOfPayment.csv",
           "openCodelist": true,
           "uniqueItems": true
+        },
+        "paymentAddress": {
+          "title": "Payment address",
+          "description": "The physical address to which to submit non-electronic participation payments.",
+          "$ref": "#/definitions/Address"
+        },
+        "payee": {
+          "title": "Payee",
+          "description": "The organization that receives the participation fee.",
+          "$ref": "#/definitions/OrganizationReference"
         }
       }
     },