Create additional payment methods tailored to your wholesale buyers' needs, such as bank transfer, deposit, check, or cash on delivery.
How it works
You can create custom payment methods with a name, detailed buyer instructions, and a representative icon. Each method can have an associated surcharge or discount that is automatically applied when the buyer selects it during checkout.
In B2B wholesale operations, custom payment methods are essential — many buyers prefer to pay by bank transfer, deposit, or even with credit terms — methods that are not available through traditional payment gateways.
Creating a payment method
In the store's Payments and shipping settings, choose from the available predefined options, or type a new name in the search field and create the custom method on the spot. Once added, remember to save your changes.
Available options
- Method name: Define a clear, professional name — for example, "Bank transfer," "Bank deposit," "Check," "Cash on delivery," "Net 30 credit."
- Instructions: Write detailed directions the buyer will see when selecting this method — complete bank details (bank name, account type, routing number, account number, account holder), payment terms, deadlines, etc.
- Icon: Assign an icon to visually identify the payment method.
- Surcharge or discount: Set a percentage surcharge or discount that is automatically applied to the total. This lets you incentivize payment methods with lower processing fees.
Applying a surcharge or discount
Each method has an amount field with a toggle button next to it to switch between percentage (%) and fixed amount in the store currency ($). By default the configured value is applied as a surcharge. To configure a discount, enter the value with a leading minus sign (-).
The payment method surcharge or discount is calculated on the order total after any volume discount or active promotion is applied. For example, if an order totals 1000 and the buyer gets a 20% volume discount bringing it to 800, the payment method surcharge or discount is calculated on that 800.
The surcharge or discount is shown to the buyer at checkout next to the method name, so they know upfront how much will be added or subtracted when picking that option.
Per-method notes
Each payment method has an optional notes field with a rich-text editor. Use the Notes button on the method's row to open the editor — it supports formatted text, links, and images.
Notes are for account details, conditions, or observations the buyer needs to see when picking that method. For example: account number, holder, clearing time, instructions for sending the receipt.
When the buyer selects the method at checkout, they see these notes with the full detail. The same notes are saved on the order and included in the confirmation email the buyer receives, so payment conditions remain accessible after purchase.
Tips
- Bank transfer is the preferred payment method in B2B wholesale operations — create it as a primary option with complete, clear bank instructions.
- Offer a discount on bank transfers or deposits to incentivize these methods that do not generate processing fees.
- Write clear, complete instructions to avoid incorrect payments — include all bank details, order reference, and clearing timeframe.
- You can create payment methods specific to different buyer types: "Net 30 credit" for established distributors, "Cash on delivery" for new buyers.
- Set surcharges on payment methods with high financing costs and discounts on no-fee methods.