Payment Gateways
This screen allows setting up accounts for various Credit
Cards
, Debit Cards
, PayPal
,
etc.
To go to this screen, click Invoices > Admin > Payment Gateways.
To use a credit card provider, you must already have set up an account
with them. To Activate
an account, click on the
Activate link next to the provider and enter the
user id and password provided by the provider. You can also select the
type of card that should be accepted by this provider. The card type
depends on the cards that the provider offers and for which you have
signed up.
Once you have set up a provider, the buyer will be able to pay using
their Credit Card
, PayPal
account,
etc.
Paypal: With Paypal, your customers will be able to pay using credit cards and also from their Paypal Account. For this the user will have to create a merchant account in Paypal.
Stripe: With Stripe, the customers can pay via credit cards, the funds will be sent to your Stripe account. Payouts are then made to the bank account that you have linked to Stripe.
For more details on payment processing, click here.