How Customer Installment Plan Works

Efficient payment processing is essential for maintaining cash flow and customer satisfaction. PayPack's Stripe Installment Plan feature in NetSuite is designed to simplify and speed up the process of creating multiple customer payments. 

PayPack Installment Plan button is added on the customer record and directs users to the PayPack Stripe Installment Plan custom record where they can enter the scheduled payment plan details.NetSuite Customer - Installment Plan.png

Once saved, a Map/Reduce scheduled script triggers and the customer payments in NetSuite and Stripe payments will be automatically created. The Stripe Payment Intent ID will be populated along with the data that the user entered.

  • Schedule: Default status when the record is created.

  • Success: A successful Stripe payment is processed. The Stripe Payment Intent ID will be added to the notes field.

  • Failure: An unsuccessful Stripe payment or NetSuite transaction does not create. An error message will be included in the notes field.

PayPack Stripe Installment Plan.png

 


Key Features

  • Easy Payment Scheduling: A PayPack Installment Plan button on the customer record redirects users to the "PayPack Stripe Installment Plan" custom record. Users can quickly enter payment details such as amount, date, currency, and subsidiary in a sublist. This streamlined process reduces the need to navigate multiple records to create each payment.
  • Flexibility: Allows businesses to schedule future payments for specific products or services. Supports multiple currencies. Businesses can set up recurring payments or one-time future payments as needed.
  • Automation: Automatically generates both Stripe payments and NetSuite customer payments from the entered details. Reduces manual data entry, saving time and minimizing the risk of errors. Ensures payments are processed accurately and promptly.
Was this article helpful?
0 out of 0 found this helpful

More resources