This article explains how to set up invoices so they accept bank-only transfers in ZipLeads. You can offer direct bank transfer as the only payment option. This keeps invoicing simple for businesses and clients who prefer not to pay by card.
What are Bank-Only Transfers?
The Bank-Only Transfer feature lets you limit the payment options on an invoice to only bank transfers. When you choose this option, your clients can only pay by bank transfer. Card payments are avoided altogether.
This feature is designed to:
Give you more ways to customise your payment methods.
Support businesses in regions or industries where bank transfers are the norm.
Reduce the transaction fees that come with card payments.
Common Use Cases for Bank-Only Transfers
Regional needs: Businesses in areas where few people use credit cards.
Transaction fees: Companies that want to minimise transaction costs by avoiding card processing fees.
Secure payments: Clients who need direct, secure bank-to-bank payments.
Key Benefits of Bank-Only Transfers
Lower costs: Avoid the high processing fees that come with credit card payments.
Business flexibility: Cater to clients and industries that prefer or need direct bank-to-bank payments.
Simpler payments: Streamline your invoicing by focusing on one secure payment option.
How to Set Up Bank-Only Transfers in Invoices
Step 1: Open the Invoices section
Log in to your ZipLeads account.
Go to the Invoices section from the main dashboard.
Step 2: Create or edit an invoice
To create a new invoice, click + Create Invoice.
To edit an existing invoice, find it in the list and click Edit.
Step 3: Select the Bank Transfer payment option
Scroll to the Payment Options section.
Choose Bank Transfer as the only payment method.
Step 4: Save and send the invoice
Once you've set the payment option, click Save.
Use the Send Invoice button to email the invoice to your client.
Frequently Asked Questions
Q: Can I enable both card payments and bank transfers on the same invoice?
Yes and no. You would need to enable "All Valid Payment Methods". This turns on more than just card payments and bank transfers. The bank-only option is designed to make bank transfer the only way to pay an invoice.
Q: Does this feature need the Stripe integration?
Yes. To accept bank transfers, you need to set up your Stripe account to handle these payments. To learn more about setting up bank transfers, see the help article ACH Debit Payment Method on Invoices.
Q: How do I track payments made by bank-only transfer?
Payments are recorded in the Invoices section, just like other payment methods.