Payment Preferences in Stagepay allow you to promote card payments to your customers, streamlining the payment process and enabling faster transactions. By configuring this feature, you can enhance your payment collection process while providing a seamless experience for your customers.
Faster Payments: Customers can pay instantly via card, ensuring quicker fund transfers.
Streamlined Process: Simplifies the payment process for both your business and your customers.
Instant Notifications: Receive immediate alerts for completed payments, keeping you updated in real-time.
Access the Settings Page
Navigate to the Settings page by clicking the Settings button in the top-right corner of your Stagepay dashboard.
Locate Payment Preferences
Under Basic Settings, click the caret icon next to Payment Preferences to expand the section.
Set Up Bank Details
Click the "Set Bank Details" button to begin the setup process.
Input Bank Details, Add Terms & Payment Advice
Enter your bank details accurately to avoid payment errors. Use the text box to add payment terms, timelines, or additional notes for customers.
Save Changes
Click SAVE to finalize your settings.
To encourage customers to pay exclusively by card:
Enable the "Prefer Card Payments" option.
Selecting this will remove your bank details from invoices, ensuring customers are directed to pay via card.
This approach can significantly reduce payment delays, as customers won’t have the option to pay via traditional bank transfers.
By properly configuring Payment Preferences, you can:
Increase the efficiency of your payment collection process.
Provide customers with a convenient and secure way to pay.
Reduce the administrative burden associated with managing multiple payment methods.
Make sure to regularly review your Payment Preferences to ensure they align with your business goals and customer expectations.
