There are just 3 steps to sending a pay link with iwocaPay, it’s super simple
Head to your dashboard and choose the type of pay link you want
There are 3 types of pay links - which one you pick will depend on who you’re sending it to and how:
Universal pay link: A reusable pay link for any amount - perfect to add to your website or invoice template. Your customer enters the amount and reference once they get the pay link.
Package pay links: A reusable pay link for a set amount - great if you have a specific product or package. You set the amount and reference, it can be used multiple times by any customer.
Custom pay links: A one-time pay link for a specific payment - ideal if you want more control over the terms on a specific invoice. You set the amount, reference and terms tailored to your customer. Once they've checked out, the link can't be used again.
If you're using a Package or Custom pay link you’ll need to enter a reference and an amount. Your customer won't see the reference, it’s just a way for you to manage your pay links.
Next decide who foots the bill if your customer decides to Pay Later
It’s always free for you and your customer if they Pay Now. If they Pay Later you can decide to make it:
Free for you: Your customers can Pay Later at a representative rate of 1.5% - you don’t pay a penny.
Or free for your customer: Your customers can Pay Later for free - you pay a fixed 3% fee at the end of the month.
You always get the full invoice amount paid instantly as soon as your customer checks out - no matter how they pay or how long they take. For more detail on how Pay Later fees work take a look here.
Note: If you change who pays on the Universal pay link - it’ll update for everyone who checks out from then on, even if you sent them the link before the change. If they already started check out (but didn’t finish it), they won’t get the updated pricing.
Then send it to your customer, however you like
Just copy and paste to add the pay link to an invoice, email, or send it over text or whatsapp. You can even add it as a checkout button to your website or as a QR code.
payments page in your dashboard shows you a summary of all the pay links you’ve sent that have been clicked by your customer
Once they've clicked on a pay link you’ll be able to see:
the pay link type
and (if you decided to give your customer free 90 day payment terms) the 3% fee you’ll pay iwocaPay
If your customer hasn’t clicked their pay link, it won’t show up here.
Here’s what the pay link statuses mean:
Your customer has started signing up - this means your customer has decided to Pay Later but hasn’t finished applying yet.
Your customer is eligible - this means your customer finished applying to Pay Later is ready to check out. They just need to sign the contract to settle up, once they do the funds will be sent to you instantly.
Your customer is not eligible - this means your customer can’t use Pay Later right now - they should choose to Pay Now to check out.
You’ve been paid - this means your customer has finished checking out and the money should be in your bank account.