Configure Payment Settings

There are three settings that are essential to set up before sending out your first payment request. You can easily find these all in one place under Paynode Company → Settings → General. 

Add your Terms & Conditions and Cancellation Policy 

Under Paynode, go to Company → Settings → General and click Add document.

Under Description, name the document, and then choose what type of document you are uploading under Document type. Mark "Set default" if you want the document to automatically be attached to your payment requests. Select which file type you would like to upload and click "Add".

Add a Convenience Fee

You can set an automatic percentage adjustment to be applied for each payment method. The adjustment will appear as a line item with a label of your choice at payment checkout. Please note that the adjustment can be an increase (positive percentage) or a decrease (negative percentage) of the total price. 

Add 'My External Accounts'

Starting February 2024, Paynode introduced a transactional fee structure for outgoing third party SWIFT and Wire payments. Since transactions to your own account are not impacted by any fees, you can add your own bank account(s) as beneficiaries under My External Accounts. You must add your account in the portal where you manage your balances in order for the account to be displayed here.

Please note: Transactions to accounts that are added to My External Accounts will be free of charge. You can read more on this here.