Settings and activity
1 result found
-
464 votes
Hi team, work for requesting and accept deposit payments has progressed well. We're now just entering the stage of rolling out a solution powered by Stripe to a limited group of users.
As mentioned in my last update - we're extremely grateful to our community here, who have shared their interest and provided feedback on how deposits in invoicing would meet your needs. We'd love to hear your feedback on our developments for this feature early and have included anyone that has voted on this idea and is connected to Stripe in the first group rollout - You'll receive a banner in your organisation on how to make use of this soon.
I'll share more again here as the rollout widens. Thanks!
An error occurred while saving the comment 
Alex Lark
supported this idea
·
Ok great thank you Kelly. We have been eagerly awaiting this feature since we participated in the discussion with your product team a while back now :)
Is there a version of this that will exist outside of the need to be connected to Stripe? We are connected to Stripe and have a very select group of clients that use that payment method, however, the vast majority of our clients pay through direct deposit using bank details. This is essential to us to be able to provide a payment method to clients that is 100% true to the stated price and doesn't incur additional fees (wether that's through Xero, Stripe or bank fees) whose 1.65% to 2.8% + fees can add up to substantial amounts.
I sense that this will be important to other small business users of Xero too that prioritise trying to create the best value for their clients and protect the costs they pay rather than incurring additional fees across all deposits and payments. Thank you