The Direct Debit Request form now displays applicable fees for acceptance
Release Date: 10 October 2021 | Finance and Payments
When inviting your owners to authorise direct debit, the online direct debit request form now displays the processing fees applicable to each owner's preferred method of payment.
The fees charged by Thoroughbred Payments differ based on whether the owner chooses to authorise direct debit from their bank account or credit card, and if they are paying by credit card, which type of card. So upon specifying their preferred method of payment, the applicable fee displays.
The owner can then review the processing fee and either Accept or go back to the Select Pay Method screen.
Of course, this only applies if you have setup your merchant account with Thoroughbred Payments to require owners to pay this processing fee.
[Improvement] Finance | Direct Debit Request form improvement
We have modified the disclaimer at the bottom of the Direct Debit Request Form to: improve format; provide a link to Thoroughbred Payments' Terms and Conditions; notify that transactions will appear as payments to Thoroughbred Payments, collecting on ...
[New Feature] Finance | Direct Debit your owners, all within Prism Finance
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[Improvement] Finance | Get Direct Debit Link
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