What Is Bank Transfer (via Invoice)?
Bank Transfer (via invoice) is a payment method that allows customers to pay for their order via a direct bank transfer rather than by card or PayPal. When a customer selects this method at checkout, an invoice is generated and sent to them containing your bank account details and payment instructions. The order is created immediately but remains unpaid until you manually mark it as paid once the transfer is received.
Before this payment method is available to customers, two things must be configured in the admin portal:
- Bank Account Details - your bank account information that customers will use to make the transfer.
- Fee Invoice Details - the billing contact and address used when issuing fee invoices.
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How to Enable Bank Transfer (via Invoice)
In the left-hand navigation, go to Pricing & Payments > Payment Methods. Locate Bank Transfer (via invoice) in the list. Toggle the switch to Active. The payment method will now be available at checkout. Ensure your Bank Account Details and Fee ...
How Does a Bank Transfer Order Work?
When a customer places an order using Bank Transfer (via invoice): The customer is asked to provide a secondary email address at checkout - this is where the invoice will be sent. The order is created with a status of Created (not Paid) - it will ...
How to Set Up Your Fee Invoice Details
Fee invoice details provide the billing contact and address used when issuing invoices for order fees. In the left-hand navigation, go to Pricing & Payments > Payment Methods. Click on Bank Transfer (via invoice) to open its details page. Click the ...
How to Set Up Your Bank Account Details
Bank account details are shown to customers on their invoice so they know where to send their payment. In the left-hand navigation, go to Pricing & Payments > Payment Methods. Click on Bank Transfer (via invoice) to open its details page. Click the ...
What You’ll Need Before You Start Collecting Payments
Before you begin setting up your account for payments, it’s important to have the right details and documents ready. This ensures that your account can be verified smoothly, payments can be set up without delays, and you can start selling on Trove ...