Stripe integration (Basic): Add BECS Direct Debit payment method

TaxDome offers all the standard methods for clients to pay—credit/debit card, electronic check, and even cash (if a client prefers paying in person). Here, we show you how to set up BECS Direct Debit, which allows your clients from Australia to send payments to your Stripe account from TaxDome.

Covered here:

• BECS Direct Debit
• Step 1. Add BECS Direct Debit to Stripe
• Step 2. Set up Stripe on TaxDome
• What does the client see?
  

BECS Direct Debit

Bulk Electronic Clearing System (BECS) Direct Debit clients pay using their bank account details. They must accept a mandate and authorize you to debit their account.

The transaction takes up to 3 business days as BECS Direct Debit is a delayed notification payment method. Maximum single payment amount: AUD 3300.

To learn more about Stripe processing fees for BECS Direct Debit payments, go here.

Step 1. Add BECS Direct Debit to Stripe

Setting this payment method up begins from the Stripe Dashboard.

Go to the  Bank debits section and click Turn on to the far right of the BECS Direct Debit (AU) option.

Step 2: Set up Stripe on TaxDome

After everything is set on Stripe, make sure of the following on your TaxDome portal:

1. You’ve connected your Stripe account to TaxDome. For the instructions, go here.
2. Your default payment provider is Stripe. Go to Settings > Integrations from the left menu bar. For more details, go here.
3. Either Bank Debits or Credit Card or Bank Debits payment method is selected in the Payments tab. This can be done only by a firm owner or admin.

When you select both, you’ll be able to specify the preferred payment method for each invoice you issue or let the client choose.

What does the client see?

Once you have enabled BECS Direct Debit payment, your clients will see the AU Direct Debit option in their payment window.

To make a payment, a client needs to enter their bank account details:

1. BSB
2. Account number
3. Email
4. Full name

After a client clicks Pay, Stripe sends the information to the bank and waits for approval. The payment status remains In progress until it goes through. For more about statuses, go here.