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Collecting Funds
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Collecting Funds

BillMax may be configured to automatically collect funds from customers. Each Sale is populated with a date specifying the first date an attempt should be made to collect funds electronically, either through credit card processor, ACH processing, e-check processing, etc. If a date is not specified, then funds for the bill will not be automatically collected allowing for an alternative payment method for a specific bill.

By default, the first attempt to collect the funds will be made on the day the Sale is created. If the Account epaydays is non-zero, the first attempt will be scheduled for epaydays from when the bill is created.

Example 2.13. Using epaydays

The Account epaydays is 3. A Service is billed on 2003-01-14. The first attempt to collect the funds will be made on 2003-01-17.


Electronic funds collection is controlled by several parameters. The following may be specified:

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