Installment payments
Installment payments: deposit today, balance later, no chasing
Letting customers pay in several parts helps close the sale. The hard part is the follow-up: remembering dates, resending links, chasing. With ZeniPay you split the invoice once, and each installment goes out on its own date with its own payment link.
- ✓ 2 to 12 installments per invoice
- ✓ By amount or percentage
- ✓ Automatic reminders and receipts
How it works
- Choose 2 to 12 installments and, for each, an amount or a percentage of the total, and a date.
- Installments due today are emailed at once; the others go out automatically on their due dates.
- Each installment has its own link: the customer pays by card or bank transfer.
- A reminder goes out 3 and 7 days after the due date if unpaid, and a receipt as soon as it is paid.
- The invoice moves from “partially paid” to “paid” when the last installment comes in.
Installments are not financing
You are the one giving your customer time to pay: there is no lender, no credit check and no interest charged by ZeniPay. The non-payment risk stays with you, as with any invoice — which is why a first deposit matters.
Frequently asked questions
How can I let customers pay in installments?
Create an invoice in ZeniPay and split it into 2 to 12 installments by amount or percentage, each with a date. Each installment is emailed with its payment link on its date.
Does the customer pay interest?
No. ZeniPay does not lend money or charge interest. Installments are simply parts of your invoice payable on different dates.
What happens if an installment is not paid?
ZeniPay emails a reminder. Your dashboard shows overdue installments and lets you resend or cancel one.
Related
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