Our Automatic Payment feature will let you automate the collection of payments for open invoices. With Auto Collect, you can eliminate delays arising from late or missed payments. You can access this feature once you've verified your business information and documents.
Forwardly will securely collect your Payer’s bank account information and authorization to debit bank accounts for payments when you raise future invoices. The funds sent via instant payments will be directly deposited into your bank account within 30 seconds, and your supported accounting software (like QuickBooks Online or Xero) will fully reconcile with each payment received.
Forwardly sends a reminder when scheduled payments are upcoming so that clients are aware the payment is going to go through.
|Reminder: Ensure your customer has a firm understanding of your services when authorizing Automatic Payments, along with your commercial terms and conditions and payment timeline, to avoid any potential disputes.