What’s New?
Enhanced Payment Method Configuration
- Global and Local Settings: Configure preferred payment methods globally for all invoices or customize them at the invoice level.
- Per-Invoice Customization: Modify payment methods for individual invoices without altering default settings.
Note: Supported Methods
- Currently available for Stripe users, supporting ACH (Automated Clearing House) and SEPA (Single Euro Payments Area) transfers.
- Configuration will not be available for invoices in other currencies.
User experience
- Users will see only the bank transfer option when making payments if enabled.
How to Use?
Global Settings
- Configure Default Payment Settings: Navigate to Payments > Invoices & Estimates > Settings > Payment Settings > Manage default payment methods
- Toggle your preferred payment methods: Bank transfers only (ACH & SEPA) or All payment methods
Customize Payment Methods for an Invoice:
- Go to a new Invoice and click on the three dots.
- Select manage payment methods.
- Use the toggles to enable or disable specific payment methods for that invoice.
Why We Built It?
- Choose your preferred mode of collection.
- Avoid credit or debit card fees for invoices with large balances. Wired transactions typically offer lower transaction fees.
- Ensure that the payment is processed successfully, as there may be certain restrictions associated with credit cards.
