Offer greater payment flexibility to your customers by accepting bank transfers for bookings.
Great news for WeTeachMe vendors! You can now expand your payment options by enabling bank transfers, providing a convenient alternative for your customers. This feature allows attendees to pay directly from their bank account, streamlining the booking process for them and your financial tracking.
Here’s how to activate bank transfer payments in your WeTeachMe account:
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Log in to your WeTeachMe account.
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Navigate to the "Add-Ons" section on your dashboard.
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Enable the "Bank Transfer" option.
How Bank Transfers are Processed
Once enabled, WeTeachMe automates the payment tracking for bank transfers:
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Automatic Payment Status: After a customer's bank transfer payment is successfully cleared by the bank and received by WeTeachMe, it will be automatically marked as "paid" on your dashboard.
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Automated Reminders: If a payment isn't received within two business days, an automatic reminder will be sent to the customer to prompt payment completion.
IMPORTANT REMINDERS:
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Bank transfers can take up to three business days to finalize and be reflected for bookings.
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Bank transfers can only be made for classes starting 60 hours or more from the transaction date.
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Bank transfers are not applicable for classes with a lead time of four days or less (this is consistent with the 60-hour rule, as 4 days = 96 hours, so 60 hours is the stricter limit).
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Bank transfers can only be used for full payments only; they are not applicable for installment or recurring charge payments.