Invoice Payments
FAQ for Payees/Sellers
Yes you do. Parakeet can accept merchant facilities (“BYO Merchant”) listed with any of the banks or payment providers listed here. If you need to ...
Tue, 16 Mar, 2021 at 5:52 PM
Here are some of the benefits of using Parakeet to collect invoice payments: Minimal change to your operation (e.g.continue to use your invoicing App). A...
Tue, 16 Mar, 2021 at 5:48 PM
If you provided Parakeet with your own Merchant ID (BYO merchant ID) then your customer statement will display the identifier (i.e. your company name or tra...
Mon, 11 Oct, 2021 at 10:24 AM
Payment method Time to receive funds Credit card (under BYO merchant ID) 1-2 business days Credit card (under Parakeet network merchant) 2-3 business d...
Mon, 11 Oct, 2021 at 10:25 AM
Internet Merchant Facilities (IMF's) are required to accept payments in an e-commerce environment. With Parakeet, we enable you to use your existin...
Mon, 11 Oct, 2021 at 10:26 AM
If you like to use your own merchant ID, we can facilitate the below acquiring banks. The merchant IDs can be found on your merchant tax invoice or mer...
Mon, 11 Oct, 2021 at 10:26 AM
For BYO merchant ID - It will go into the account you set up with your acquiring bank. For direct debit or Parakeet Network Merchant - it will be credit...
Mon, 11 Oct, 2021 at 10:27 AM