At Bonsai, we understand how crucial quick and efficient payments are for your business. That's why we're offering three seamless online payment options directly into your invoices, ensuring you get paid swiftly and with ease.
Updating your payment methods
It's simple to update your payment methods. To do so, simply navigate to the Invoices page in your account and select "Edit Payment Methods":
You can also do this directly within any invoice you've crafted:
Note: You may need to create a draft invoice before you see this option appear on your Invoices page.
Bonsai Payments
Bonsai Payments is our proprietary platform, designed to give us greater flexibility and control over payment features.
Note: Bonsai Payments is currently available in the US, Canada, UK, and Australia. Instant Payouts are exclusive to US users.
Developed with your needs in mind, it offers several benefits:
Instant Access to Funds: With our Instant Payouts feature, receive your money in less than an hour (Learn more.)
Unified Dashboard: Manage all your payment activities alongside your business operations in one place.
Competitive Fees: Enjoy low rates (2.9% + $0.30 for most debit/credit cards, 1% for ACH payments). (Learn more)
While we wish we could support every business, there are certain cases in which we are not able to offer our financial products (Bonsai Payments and Bonsai Banking) to all US customers.
Stripe Payments
Prefer Stripe? No problem. Our direct Stripe integration allows you to accept Credit Card and ACH payments, similar to Bonsai Payments, minus the Instant Payout feature. You'll manage this through your own Stripe account.
In order to unlock the ability to use Stripe Payments, you may need to deactivate Bonsai Payments as a payment method first. To do this, you will need to complete the following steps:
Navigate to the 'Payments' page in your Bonsai Account
Click on the three dots (...) on the top right and click on "Deactivate Payment Method":
Navigate to the 'Invoices' page and select on 'Edit Payment Methods':
You should now see the option to connect your Stripe Payments account:
Note: Available in all countries supported by Stripe, except India.
PayPal Payments
Integrate PayPal directly into your invoices for a convenient payment option. PayPal offers a variety of payment methods depending on your account and country, including PayPal Checkout, credit and debit, Pay Later, and Venmo.
This option also uses your personal PayPal account.
Pricing
Pricing of each option varies both by payment method and based on your country. Want to dive deeper into the fees associated with these payment methods? Check out our detailed fee article for more information.