diff --git a/docs/SETTINGS.md b/docs/SETTINGS.md
index e42df0b..9d3959e 100644
--- a/docs/SETTINGS.md
+++ b/docs/SETTINGS.md
@@ -23,6 +23,7 @@ Here are the descriptions of values available to use in the `settings` table:
 | FUNCTION_LNURLW | ENABLE | system level switch for LNURLw (bolt card) services |
 | FUNCTION_LNURLP | DISABLE | system level switch for LNURLp (lightning address) services |
 | FUNCTION_EMAIL | DISABLE | system level switch for email updates on credits & debits |
+| DEFAULT_DESCRIPTION | '' | default description of payment |
 | AWS_SES_ID | | Amazon Web Services - Simple Email Service - access id |
 | AWS_SES_SECRET | | Amazon Web Services - Simple Email Service - access secret |
 | AWS_SES_EMAIL_FROM | | Amazon Web Services - Simple Email Service - email from field |
diff --git a/sql/settings.sql b/sql/settings.sql
index 75b7dd1..a274333 100644
--- a/sql/settings.sql
+++ b/sql/settings.sql
@@ -20,6 +20,7 @@ INSERT INTO settings (name, value) VALUES ('LN_TESTNODE', '');
 INSERT INTO settings (name, value) VALUES ('FUNCTION_LNURLW', '');
 INSERT INTO settings (name, value) VALUES ('FUNCTION_LNURLP', '');
 INSERT INTO settings (name, value) VALUES ('FUNCTION_EMAIL', '');
+INSERT INTO settings (name, value) VALUES ('DEFAULT_DESCRIPTION', '');
 INSERT INTO settings (name, value) VALUES ('AWS_SES_ID', '');
 INSERT INTO settings (name, value) VALUES ('AWS_SES_SECRET', '');
 INSERT INTO settings (name, value) VALUES ('AWS_SES_EMAIL_FROM', '');