#Nepotist-recurring-bank
1 messages · Page 1 of 1 (latest)
Why do your users want to setup their own recurring payment?
The general recommendation is to just use our Billing product with our payment UIs with facilitate the recurring payments automatically without the need for any manual setup
I really don't! 😄
We have a small number of customers who are older and rely on being able to pay with Bank Transfers.
I am looking at migrating them into Stripe
They are able to schedule a bank transfer with their bank and have done so with our other payment provider.
We have a bank transfer method now in certain locales: https://stripe.com/docs/payments/bank-transfers
Yes, it works well for us for single payments. I am hoping to expand it for use on our Subscription payments.
I need to know if the customer sends the money to the same IBAN one year later, will their customer balance increase or if the amount will be returned/refunded automatically?
Reading this: https://stripe.com/docs/invoicing/bank-transfer#payment-instructions
Seems like the virtual account is per customer
So in theory it shouldn't change
"All future bank transfer payments from this customer get sent to this bank account."
Nice! I need a bit more critical reading on my side.
Thanks!
np!