Tip Tuesday: How to Set Up an Installment Payment

In the third part of our TC Citadel® series, you will learn how to set up an installment payment cycle. Installment payments, like recurring payments, allow you to automatically deduct payments from a customer’s credit card or checking account. However, installments allow you to accept a payment towards a portion of a larger invoice. This is great for Healthcare, Insurance, or any organization that does invoicing.  You can set up an installment payment within the TC Vault® or via TC Link® API. This article’s example will use the TC Vault.

Get Started

1. From within the TC Vault, select TC Citadel from the left-hand navigation panel.
2. Click on the Billing ID Tab
3. Enter the customer’s card information (card number, expiration date, billing address, email address and phone number). Include any TC Citadel Custom Field information under the Discretionary Field section.

Configure the Payment Cycle

1. Next, under the Payment Type drop down menu, select Installment Payment.
2. Bill Every allows you to determine how frequently the card will be charged. Select from days, weeks, months or years.
3. For Installment Payments, enter the Total Number of Payments.
4. To Unstore after the Final Payment, select “Yes” in the drop down. Please note, you can reverse an unstored Billing ID within three days of unstoring. After the three day period, the unstore cannot be reversed and you will need to recreate a BillingID if the card is to be used again.
5. In the Payment Amount field, enter the amount in which the Customer is to be charged.
6. In the Start Billing On or Start Billing in field, select a date when the payments should start or you can have TC Citadel begin charging a set amount of days, weeks, months or years.
7. Click “Create Billing ID”.

How to Update

Please note, as with all Billing IDs, you can update a record, if needed. For example, enter a new Card Number, change the Expiration Date, Update the address information, change billing amount or billing schedule at any time. When you no longer need a BillingID, simply unstore it.

Did you miss the other two articles in this series? Catch up here:

How to Store a Credit Card

How to Set Up a Recurring Payment

Tip Tuesday: How to Set Up a Recurring Payment
September 15, 2015

Tip Tuesday: Storing a Credit Card
September 1, 2015

Tuesday Tip: Create a Custom Field
July 28, 2015