16min

Payments

With Invoiced Business Network you can send payments to your vendors and receive payments from customers. Payments can be made against invoices, orders, quotes, or other documents you have received, or for a custom amount.

Payments list
Payments list

Receiving Payments

Direct Debit Payments

You can accept direct debit payments from customers which allows them to pay you using their bank account. The direct debit feature is powered by GoCardless. Click here to see the banking schemes and countries are supported by GoCardless.

If you receive a direct debit payment through Invoiced Business Network there is a 1% fee added in addition to the GoCardless fee.

In order to accept direct debit payments you can follow these insturctions:

  1. Go to the Payments page.
  2. Click on Enable Payments in the top right to configure the payment methods you accept.
  3. Click Enable Direct Debit Payments
  4. You will be taken to the GoCardless site where you will need to enter information about your business to begin accepting payments.

Once you complete the GoCardless form you can now receive direct debit payments from your customers.

Credit Card Payments

You can accept credit card and debit card payments from customers. The credit card payment feature is powered by Stripe. Click here to learn more about Stripe.

If you receive a credit card payment through Invoiced Business Network there is a 1% fee added in addition to the Stripe fee.

In order to accept credit card payments you can follow these insturctions:

  1. Go to the Payments page.
  2. Click on Enable Payments in the top right to configure the payment methods you accept.
  3. Click Enable Credit Card Payments
  4. You will be taken to the Stripe site where you will need to enter information about your business to begin accepting payments.

Once you complete the Stripe form you can now receive credit card payments from your customers.

Sending Payments

You can send a payment to a vendor in your network according to their acceptable payment methods (card, direct debit, etc). In order to send a payment to a vendor please follow these instructions:

  1. Go to the Payments page.
  2. Click Pay Vendor in the top right.
  3. Select the vendor from the dropdown list that you want to pay and click Next.
  4. Select the items you want to pay. If you are paying an invoice then you can check the box next to the invoice you received. Or you can select Custom to enter in an arbitrary payment description.
  5. Enter in the amount that you want to pay.
  6. Click the Next button.
  7. Select the payment method you want to use, for example, Credit Card or Direct Debit.
  8. Enter in your payment information to complete the payment.

You should receive a confirmation that your payment has been made. If you have used the direct debit payment method then the payment will take multiple business days to settle.

Final step of sending payment
Final step of sending payment