Direct Bank Deposit

[mc12345678]

It provides details only, to customers about your bank account.
Its up to you to check and despatch when they finally pay
Its not real time like poli polipayments(dot)com

Have read through the entire thread. It does look like this adds value for some markets. I wanted to confirm, this plugin is used to provide information to a shopper on how they could use an electronic transfer to deposit money directly into a bank account. It doesn't handle the transaction of taking the money from their account and depositing it into the store's account.

Did I understand that correctly?

[frank18]

Have read through the entire thread. It does look like this adds value for some markets. I wanted to confirm, this plugin is used to provide information to a shopper on how they could use an electronic transfer to deposit money directly into a bank account. It doesn't handle the transaction of taking the money from their account and depositing it into the store's account.

Did I understand that correctly?

That is correct.

I have my sites set up that my bank details are not publicly displayed on the site but are ebing emailed to the customer within the order confirmaton email.

[mc12345678]

That is correct.

I have my sites set up that my bank details are not publicly displayed on the site but are ebing emailed to the customer within the order confirmaton email.

Yeah, I think it was when the discussion turned towards the choice of emailing versus providing on screen that I began questioning why either was considered important, and then caught on that it is this information the customer needed to finish their side of the transaction. (Leads to the thought of needing to balance the books, does one ship before payment is received, invoicing, etc.) But hey if it works to get more business and the customers are happy, as I said works in some markets. Might for us, but wanted to understand from the forum what it's all about. :). Thank you for your time.

[frank18]

.... (Leads to the thought of needing to balance the books, does one ship before payment is received, invoicing, etc.) ....

I never let stock go out of the house before the crow did what it needed to do, sh.. in the nest! Only when the money is in the bank, the order is shipped.

The only problem with this module is (as I see it) that you need to ask for the customer's bank details in order to issue a refund should anything go wrong with the order.

[RodG]

does one ship before payment is received

No. That's asking for trouble. HOWEVER, I rarely have any qualms shipping a product if the customer sends a copy of an online bank transfer rather than waiting for their payment to appear in our account, about the only exception being if the order is abnormally large or appears suspicious in some way.

This still carries a little bit of risk, but I have the philosophy that most people are basically honest.

Cheers
RodG

[tenthilltoys]

Has anybody placed this information on the invoice and how would you do that
we now have customers that need invoice with goods.

Peter

[gilby]

Has anybody placed this information on the invoice and how would you do that
we now have customers that need invoice with goods.

Peter

Not quite sure what you are asking?
The Invoice will show the payment method as "Direct Bank Deposit"

I can't see that you would need more than this as you wouldn't ship without the payment being processed
So its not informing the customer what bank account to pay it into
The same as if paying by cc the cc details are not on the Invoice.

The bank account details are shown on the "order confirmation email" for the customer to pay into.

[tenthilltoys]

We are dealing with government schools who unless we setup new payment gateways (they are not allowed to use PayPal or have PayPal mentioned on the invoice) the invoice with banking details then goes to accounts department to be paid.

Pete