Customizing your Multiple Payments Plan: Choose a plan - If you have saved a Recurring Subscription Pricing Plan for the Offer previously, you can select it from the dropdown menu. Payment amount - Amount paid for each regular payment (i.e., not the Setup fee). Currency - Select the currency for the Offer. The history tab on the recurring payment instruction form shows expected payments, payment reports provided by the payment gateway, and transactions linked to the recurring payment instruction. Also under Recurring Income under Financial shows items that need resolving and the history of updates that have happened.
Overview
Automatic Renewal of Membership Dues and Recurring Credit Card Payment Laws Date: December 21, 2015 More associations are instituting automatic membership dues renewal programs, where members’ credit cards are stored and charged periodically.
With Square, you can use Card on File with the Square app and Square Invoices to process recurring or subscription-type payments.
A recurring payment also referred to as a subscription, recurring billing, or automatic payment, is an electronically processed payment that repeats according to a preset schedule. Businesses often set up recurring payments to collect fees for memberships, subscriptions, lessons, and services. Recurring payments require customers to sign a one-time authorization form. How Do Recurring Payments. : AccessWallet makes it quick and easy for businesses to collect recurring payments. Know the facts and information of recurring payments. To tags: direct debit recurring payments 0%.
Create a Recurring Invoice Series
From Your Online Square Dashboard
Go to Invoices in your online online Square Dashboard.
Click Recurring > Create Recurring Series.
Select a customer from your Customer Directory, or enter a new name and email address. You can enter up to nine recipients.
If the customer already has a payment card(s) saved to their directory profile, choose the card to be charged from the Invoice Method dropdown. If you’d like to let your customer opt in for Automatic Payments using Card on File, toggle Allow Automatic Payments on. This gives your customers the option to securely save their payment card on file and be charged automatically on the due date of each invoice within the recurring series.
Select the start date, the recurrence frequency, and the end date.
Fill out the rest of the invoice, including any discounts.
Click Schedule or Charge if sending immediately.
To download a .CSV file of your recurring invoices, click Export from the Recurring tab of your online Square Dashboard.
Note: In case a card on file charge fails for a single invoice that is part of a recurring series, an email will be sent to your customer prompting them to pay online. The following invoices in the series will continue to be charged on the due date, with the same card on file.
From the Square Invoices App
Select the + sign from the navigation menu > tap Recurring Invoice.
Tap Add Customer > create a new customer or add one from your directory.
Tap Add Item or Discount to add items from your item library. Once added, tap the item name to adjust quantity or add a note. To add a discount to the entire invoice, tap Add Item or Discount and select an existing discount from your item library.
Under Invoice Method, select if you’d like the invoice emailed to your customer or if you’d like to share the URL with them directly. If your customer already has a card saved on file, you can select it as the payment method.
Under Frequency, select Recurring and select how often this invoice will be sent out, as well as end date.
Select the Start date for your invoice, as well as a Due date for each invoice.
If you’d like to let your customer opt in for Automatic Payments using Card on File, toggle Allow Automatic Payments on. This gives your customers the option to securely save their payment card on file and be charged automatically on the due date of each invoice within the recurring series.
Toggle on Schedule Payment Reminders and enter a custom message for your customer to receive a notification when payment is due. Click Add Reminder.
Add custom invoice details, such as a title, custom invoice ID to match your records, and any additional emails to be copied.
Add a custom message for this invoice and click Save.
Toggle on Request Shipping Address to make entering the customer’s shipping address mandatory. You can also toggle on Allow Tips to add the ability to add tips to the invoice, and Allow Customer to Save Card so customers can save their card when paying the invoice, so you can charge it for future invoices.
Once finished, you can Preview what the invoice will look like on your customer’s end, Save as Draft, or Send.
From the Square App
From the navigation menu, tap Invoices > Create Invoice.
Select a customer from your Customer Directory, or enter a new name and email address. You can enter up to nine recipients.
Under Frequency, select Recurring and set the start date, recurrence frequency, and the end date.
If the customer already has a payment card(s) saved to their directory profile, choose the card to be charged by tapping Invoice Method. If you’d like to let your customer opt in for Automatic Payments using Card on File, toggle Allow Automatic Payments on. This gives your customer the option to securely save their payment card on file and be charged automatically on the due date of each invoice within the recurring series.
Fill out the rest of the invoice, including any discounts.
Click Schedule.
If you’d like to let your customer opt in for Automatic Payments using Card on File, toggle Allow Automatic Payments on. This gives your customers the option to securely save their payment card on file and be charged automatically on the due date of each invoice within the recurring series.
Tap Schedule or Charge if sending immediately.
Note: Recurring invoices are sent at 10:00 a.m. according to the time zone in which the series was created and does not automatically adjust during Daylight Saving Time or if your business changes time zone. For example, if a series was created while in Pacific Time, then the business moves to Central Time, recurring invoices from any series created in Pacific Time will be sent at 10:00 a.m. Pacific Time, not Central Time.
What your customers will see
When your clients receive the invoice in their email, they can pay you securely online. If you have toggled Allow Automatic Payments on, your customer can check Save my card on file with (your business name) to save their payment card on file and be charged automatically on the due date of each invoice within the recurring series. If their card was already on file, it’s charged automatically. Your funds will be deposited according to your deposit schedule.
Note: You’ll pay a fee of 3.5% + 0.15 cents each time you complete a payment with Square Invoices using a card on file.
Duplicate Recurring Invoices
You will be able to duplicate your recurring invoices which allows them to quickly send an invoice with similar details to another buyer.
From your online Square Dashboard
Sign in to the Invoices section of your online Square Dashboard > Recurring.
Select the invoice you’d like to duplicate > select Duplicate at the bottom.
Sell2memberpaid Memberships And Recurring Payments Worksheet
From the Square app:
Navigate to Invoices.
Select the invoice you’d like to duplicate > select Duplicate.
Manage Recurring Invoices
Edit, end, and manage a recurring invoice series from your online Square Dashboard and the Square app.
From your online Square Dashboard
Sign in to the Invoices section of your online Square Dashboard > Recurring.
Select an active invoice. From here you’ll be able to edit or end a series.
From the Square app:
Navigate to Invoices.
Tap Filter > Active Recurring Series > select the series.
Tap Edit or End Series.
Sell2memberpaid Memberships And Recurring Payments Due
From here, you can edit or end the selected series.
Please note: The ability to edit the next invoice in a series is only be available on your online Square Dashboard. You will be able to view the invoice edits made from the app, but you won’t be able to make any edits from your mobile device.
Advanced Invoicing
Learn more about getting started with Square Invoices.
If you’re interested in accepting weekly, monthly, quarterly, or annual payments from multiple customers with a single checkout link, check out Subscriptions in Square Online Checkout.
To get started you can set up pre-configured memberships in the admin area on your Clover dashboard or simply just start using the software and sign customers up.
The most important part is understanding how the Loyalzoo software works on your point-of-sale system. You can use the software in two ways:
- On your Clover web dashboard or at store.loyalzoo.com you can sign customers up by typing their payment card details
- On your Clover device simply tap 'Get card details' and this will send a link to your customer so they can type their own payment card details
Share the video below with your staff to ensure they know the ins and outs of Memberships and Recurring Billing.
After mastering how to use the software, jump back into the dashboard and see what extra features Loyalzoo has to offer. The video below explains everything you need to know.