Payment Gateway
Manage Payment Gateway
Payment terms are crucial as they define the conditions and policies under which customers must pay when renting a vehicle. This generally includes the mode of payment, payment policy, cancellation and no-show policies, and any additional charges.
Add Payment Gateway
- Navigate to the 'Payment Terms' tab.
- Click on the "Add Payment Terms" button.
- Enter a Term Name to help identify these terms within the system.
- Define the Payment Terms, which specify how much the customer has to pay at different stages of the rental process: At the time of Booking, Before the Journey, and Post Journey. These values can be specified in percentages or absolute figures.
- If applicable, add cancellation slabs which detail different penalties or refund amounts based on the time of cancellation relative to the booking date.
- Input details for the Cancellation Policy and Booking Policy, which describe the rules and penalties associated with cancelling a booking or failing to show up.
- Once all details are entered, click the "Save" button.
When setting up a payment gateway here's an explanation of the details you might need to add:
- Holder's Name: The name of the account holder associated with the bank account or payment method.
- Bank Name: The name of the bank where the account is held.
- Account No: The account number linked to the payment method.
- IFSC Code: The Indian Financial System Code, used for electronic money transfers within India.
- Email: The email address associated with the payment account for communication and transaction notifications.
- Phone No: The contact number associated with the payment account.
- Flag: A flag or indicator for the country code (e.g., +91 for India).
- Swift Code: The Society for Worldwide Interbank Financial Telecommunication code, used for international money transfers.
- Address: The address associated with the payment account or billing address.
- City: The city associated with the payment account or billing address.
- Currency: The currency used for transactions (e.g., INR for Indian Rupees).
- Pin Code: The postal code associated with the payment account or billing address.