One of our most requested features has arrived: Advanced Payments is now available to all new FreshBooks users. For $20 / month (plus 3.5% + $0.3 per transaction), you’ll get a Virtual Terminal to securely store credit card information and charge clients instantly over the phone, in-person or on-the-go.
So, instead of keeping credit card information in random Word documents or on sticky notes, Advanced Payments is a PCI-compliant way to keep your client’s data safe and ready to use whenever you need. No more worrying about theft, and you can avoid awkward follow-up calls. Getting paid on your terms has never been easier.
Ever written down a client’s credit card on a scrap of paper?
Wish you could spend less time invoicing for subscriptions?
Want to get paid instantly?
If you answered “yes” to any of the above, Advanced Payments is tailor-made for you. But it’s more than just getting paid faster. With this add-on, billing becomes less of a chore and you can have better client conversations that go deeper than unpaid invoices. Added bonus? You’ll be able to accurately regulate your cash flow and plan for growth.
“We built Advanced Payments to help business owners get paid on their own terms. But beyond transactions, it helps you foster stronger client relationships, because now you can focus on your work instead of chasing checks.” – Keith Dell, Payments Product Manager
Using the Virtual Terminal, you can process payments on the spot. Without leaving FreshBooks, simply enter your client’s credit card information to process a one-time payment or save for future, recurring use.
If you use recurring invoicing, Advanced Payments will save you hours of admin work. Once you add a subscription, your invoices will be automatically generated and even paid with the client card on file. It’s one less thing for you and your client to worry about.
Once you’ve enabled FreshBooks Payments and added Advanced Payments, charging credit cards is easy as 1, 2, 3. A mobile version of Advanced Payments is coming soon, but check out how it works on your desktop below.
Step 1: On the invoice, click “Charge Card” and the Virtual Terminal will appear.
Step 2: Enter your client’s information here and click “Charge.” If you’d like to save the card for future use (like subscriptions), be sure and be sure to click the box.
Step 3: Once you’ve completed the process, your client will automatically get a receipt emailed to them.
If you have questions about Advanced Payments or anything else, our award-winning Support Team is standing by to give you a hand at: firstname.lastname@example.org or 1.866.303.6061.