Overview
One or two lines explaining the Recurring Billing platform.
Customer Billing Contracts
Customer Accounts
Contract Templates
Under Contract Templates, you are able to set the dollar amount and contact information for a recurring payment that can be signed up for in a Wallet.
When clicking Create New Contract Template, a popup window appears with
If you are creating your first contract, you will need to fill out the Contact Details on your popup. If you have already created a contact, you will see that person’s name appear in the Contract Template Contact field.
Billing Frequency Templates
Under Billing Frequency Template, you are able to set the interval of time between each payment that is collected for a payee’s wallet.
When clicking Create New Billing Frequency, a popup window appears with two fields on the top.
Frequency Name
a text field for the title for the frequency amount you are creating
Interval
a dropdown that allows you to choose Daily, Weekly, Monthly or Yearly. By default, Daily is chosen first.
Once you have chosen the frequency you desire, a new set of questions appear for the option selected.
Daily
Allows you to set an interval of days before the payment is tried.
Ex: If you enter 1 as your interval, wallets with this frequency will be billed their amount every day. If you enter 5 as your interval, wallets with this frequency will be billed their amount every 5 days.
Weekly
Allows you to set an interval of weeks before the payment is tried. It also allows you to choose the day of the week (Sunday through Saturday) that the payment is tried.
Ex: If you enter 1 as your interval of weeks and choose Monday as your date, then wallets with this frequency will be billed their amount every Monday.
You have the ability to choose more than one day of the week, meaning that you can have the payments be charged on any combination of days for your weekly payment.
Monthly
Allows you to set on which date of the chosen month you want a payment to take place
Ex: You can choose to have the frequency take place on the 15th of every 3rd month.
You also have the ability to choose the which day of the week of a given month you want the payment to take place
Ex: You can choose to have the frequency take place on the Second Saturday of every 2nd month.
Yearly
Allows you to set how many years take place between your one payment
Ex: You can choose to have payments take place every 2 years on January 1st
It also allows you to choose the exact day that the payment takes place on, based on your year interval.
Ex: You can choose to have the payments take place on the Second Saturday of April
