Billing & PaymentsPurpose
1.2. Automating deposit requests, payment reconciliation, notifications, and data logging for streamlined rental management, enhancing customer satisfaction through fast, reliable processes.
1.3. Ensure all transactions are tracked, monitored, and archived for compliance and reporting.
Trigger Conditions
2.2. Rental value exceeds pre-set deposit requirement thresholds.
2.3. Customer initiates checkout for rental, online or in-store POS system.
2.4. Scheduled rental period begins (automated preauthorization), or return date approaches (automated remainder).
Platform Variants
3.1. Stripe
• Feature/Setting: PaymentIntent API, automated deposit charge creation and refund flow.
3.2. PayPal
• Feature/Setting: REST API - "Capture Authorized Payment" function for deposit handling.
3.3. Square
• Feature/Setting: Payments API, automate charge for deposit at rental authorization.
3.4. Braintree
• Feature/Setting: Transaction.sale and Transaction.refund for automatedly holding/releasing deposits.
3.5. Authorize.Net
• Feature/Setting: createTransactionRequest (authOnlyTransaction) for deposits, automated refunder.
3.6. Klarna
• Feature/Setting: Payments API, pre-authorization automation for high-value deposit transactions.
3.7. Worldpay
• Feature/Setting: eCommerce API, automate initial deposit capture in check-out flow.
3.8. Adyen
• Feature/Setting: /payments endpoint, automating deposit request and status webhook integration.
3.9. Mollie
• Feature/Setting: Payments API, capture and return deposits via automation.
3.10. Revolut Business
• Feature/Setting: Merchant API, automate payment intent for deposit collection at rental.
3.11. Nets Easy
• Feature/Setting: Payment API, automate hold and release of rental deposits.
3.12. Zoho Books
• Feature/Setting: Invoice, automate recurring deposit charge for each high-value rental entry.
3.13. QuickBooks Online
• Feature/Setting: Payments API, automated invoice/payment link for deposit sent upon booking.
3.14. FreshBooks
• Feature/Setting: Automated payment reminders and online payment links for deposit requests.
3.15. Chargebee
• Feature/Setting: Hosted checkout pages, automate deposit invoice creation and payment status tracking.
3.16. SAP Concur
• Feature/Setting: Invoicing API, automate matching deposit invoice to rental booking records.
3.17. Oracle NetSuite
• Feature/Setting: SuitePayments integration, automate deposit liability account entries on rental.
3.18. Salesforce
• Feature/Setting: Payment object automation, triggers deposit collection workflow based on booking.
3.19. Xero
• Feature/Setting: Automated Payment Services, capture deposit as prepayment for high-value rentals.
3.20. Slack
• Feature/Setting: Incoming Webhook, automate notification to staff and customer when deposit payment status updates.
3.21. Twilio SMS
• Feature/Setting: Programmable SMS, automate deposit payment reminders and confirmations to customers.
3.22. SendGrid
• Feature/Setting: Automation Rule, send confirmation or alert emails regarding deposit collection.
3.23. Zapier
• Feature/Setting: Multi-step Zaps, automate full flow—inventory trigger, payment request, reminders, and reconciliation.
3.24. Google Sheets
• Feature/Setting: Apps Script automation, log deposits and rental statuses on payment event.
Benefits
4.2. Enhances customer experience with automated notifications and instant confirmations.
4.3. Centralizes oversight of deposit transactions, automating the collection, refunds, and compliance logs.
4.4. Lowers fraud risk by automating secure, traceable payment pathways.
4.5. Scales for multiple locations/rental items with minimal added effort due to automatable configuration.
4.6. Automatedly ensures policy adherence for high-value item protection.