Recurring
Effortlessly collect your recurring payments.
Last updated
Effortlessly collect your recurring payments.
Last updated
Recurring payments are used to charge customers on a regular basis. MoneyCollect now supports merchants to initiate recurring payments through our powerful API, in which way to facilitate your customers with an easy first payment and then ready to collect payments recurrently without any effort.
To reduce the risk of chargebacks, it’s recommended to communicate how often and how much the customer will be charged as clearly as possible. We suggest notifying the customer a couple of days in advance of the next payment, for example by sending them an email.
Intial payment is the first transaction of a rebilling cycle. In order to get started with recurring payments you need to require the customer’s consent through the initial payment.
Rebill payment is the subsequent transaction of a rebilling cycle.
For the subsequent transaction of a rebilling cycle, the initial
can be null
or set to be false
and the relationPaymentId
must be the Payment ID
of its initial payment.
MoneyCollect enables merchants to view their existing recurring payments from MoneyCollect Dashboard.
Navigate to Payments
page in your Dashboard,and click Edit view
.
Tick Description
.
You can tell from Description
which are initial payments and which are rebill payments.
Select one of payments to Payment details
page.
InPayment details
page, you can also tell from Description
if this is an initial payment or a rebill payment.
Merchants can start a recurring transaction through .For the initial transaction of a rebilling cycle, the initial
must set to be true
and the relationPaymentId
must be null
.
For the initial payment, cutomers need to complete process to prevent fraud.
for your shopper,then associate the returned customerId
with the membership identifier in your system.