Pay invoices in 3 ways

1. Log in to your Customer Area.
2. Go to Finance > Invoice overview > Invoice settings > Payment processing.

Bank transfer 

If Type of Invoice Payment is set to Bank Transfer, you’ll get the request to transfer the money according to the details provided on the invoice issued.

Collection from settlement 

If Collect from Settlement is set to true, we deduct the Amount Due from the next settlement batch. The Amount Due is the difference between the calculated fees and the already deducted fees. Hence, turning off Collect from Settlement does not mean turning off gross settlement. 

The invoice can be collected from settlement on the company or merchant level. 

Collection from settlement from company-level invoices

The charged merchant is the merchant account where we will:

• Deduct newly issued company invoices if ‘Collect from Settlement’ is enabled.
• Deduct outstanding invoices which are outstanding for more than 90 days.

Configure the charged merchant account via Customer Area > Finance > Invoices > Invoice Settings. There you can edit the charge merchant within the general invoice settings.

Collection from settlement from merchant-level invoices

The alternative charged merchant is the merchant account where we will: 

• Deduct newly issued merchant invoices if ‘Collect from Settlement’ is enabled.
• Deduct outstanding invoices which are outstanding for more than 90 days.

Note: The alternative merchant allows invoices issued to merchant account A to be deducted from merchant account B. 

Direct Debit

With the Direct Debit functionality, the amount due from the monthly invoice(s) will be charged automatically by debiting the merchant’s bank account without any actions required. The debited bank account is the same as the payout account. 

If the invoice is issued on Company level, the invoice will be debited from the charged merchant’s bank account. Please note that we only support direct debit for bank accounts in the EU, UK, and US. The invoice has to be issued in EUR, GBP, or USD.