You can set up automatic recurring payments quickly and easily, right from the Pay or Get Paid flows. Here's how:
- Type in the amount you wish to pay or get paid and follow the flow.
- At the confirmation screen, before swiping up to pay, select "Schedule."
- Select the frequency of the payment.
- Select start date.
- Select end date, if ending on a specific date. Otherwise, just select "Indefinite."
- Voilà! Just like that, you created and scheduled out an automatic recurring subscription service or rent-collecting machine, all within your banq app!
Recurring payments or payment requests can be sent via a link through any messaging platform of the user's choice. Customers can easily click on the link, download the app, and accept the recurring payment request, at their leisure. Pay or get paid on time, without even having to think about it.