Set Up payments.ai as Your ClickFunnels 2.0 Payment Gateway

Table of Contents:

1. Introduction
2. Setting Up a Custom Domain
3. Introduction to payments.ai
4. Connecting Payment Gateways to payments.ai
5. Benefits of Using payments.ai as a Payment Gateway
6. Step-by-Step Guide to Setting Up payments.ai
7. Document Verification and Account Setup
8. Setting Up Gateway Routing Rules
9. Automating Subscription Payments with payments.ai
10. Pricing and Additional Fees
11. Conclusion

Introduction

In this article, we will walk you through the process of setting up payments.ai as a payment gateway in ClickFunnels 2.0. We will explore the benefits of using payments.ai, how to connect payment gateways, and the step-by-step process of setting up an account. We will also discuss document verification, gateway routing rules, and automation features offered by payments.ai. Additionally, we will cover the pricing structure and any additional fees associated with using payments.ai as your payment gateway. By the end of this article, you will have a clear understanding of how to set up payments.ai and utilize its features within ClickFunnels 2.0.

Setting Up a Custom Domain

Before we dive into setting up payments.ai, it is important to have a custom domain set up in ClickFunnels 2.0. If you have not done so already, make sure to watch the previous video on setting up a custom domain. This initial step is crucial as it lays the foundation for connecting payment gateways and processing payments within ClickFunnels 2.0.

Introduction to payments.ai

payments.ai is an innovative payment processing solution offered by ClickFunnels 2.0. It allows users to process payments directly within the platform, providing a seamless and efficient experience for both businesses and customers. While other payment integrations like Stripe and PayPal can be connected to ClickFunnels 2.0, payments.ai serves as the gateway through which these integrations can be utilized. By connecting payment gateways to payments.ai, users can automate payment processing, set up dunning rules, and manage multiple gateways all in one place.

Connecting Payment Gateways to payments.ai

In order to process payments using payments.ai, you must first connect your preferred payment gateways to the platform. While payments.ai currently supports integrations with Stripe, PayPal, Coinbase, Clarina, NMI, and more, additional integrations can be requested. By connecting these payment gateways to payments.ai, you can leverage their functionality while benefiting from the unique features offered by payments.ai, such as automated dunning and flexible routing rules.

Benefits of Using payments.ai as a Payment Gateway

One of the major advantages of using payments.ai as your payment gateway is the ability to automate processes that occur when customers make payments. With features like dunning rules, you can set up automated retries and define time intervals before switching to a different gateway. This flexibility ensures that even if one gateway experiences issues, your business can seamlessly switch to an alternative without disruption. Moreover, payments.ai allows you to connect multiple gateways, distributing payments based on configurable rules, enabling you to optimize transaction costs and minimize risks associated with relying solely on one payment platform.

Step-by-Step Guide to Setting Up payments.ai

To set up payments.ai, follow these steps:

1. Log in to your ClickFunnels 2.0 account.
2. Locate the "payments AI" icon and click on it.
3. You will be directed to a page where you can create your payments.ai account.
4. Confirm your country and review the restricted items list.
5. Provide your business information, owner information, and billing information.
6. Enter your business website details, including legal descriptions and refund policies.
7. Agree to the terms and conditions and provide your contact information, including phone number and tax ID.
8. Enter your business and owner addresses.
9. Provide your billing information and choose your preferred currency.
10. Enter your banking details for payouts.
11. Complete the document verification process if required.
12. Review the summary and submit your application.
13. Wait for your account to be set up and receive confirmation.

Document Verification and Account Setup

After submitting your application, payments.ai may require you to complete a document verification process to ensure compliance. If you do not have all the required documents, you can still submit the application and potentially proceed without them. It is advisable to Gather all necessary documents, such as business registration numbers, tax IDs, and Relevant addresses, to expedite the process. While payments.ai strives to offer a Frictionless experience, document verification may be required for certain transactions or higher volumes.

Setting Up Gateway Routing Rules

One of the powerful features of payments.ai is the ability to set up routing rules for your payment gateways. This allows you to allocate a certain percentage of transactions to specific gateways based on customizable criteria. For example, you can configure rules to distribute 50% of transactions through payments.ai and the remaining 50% through Stripe. This level of flexibility ensures you can optimize transaction costs and minimize risks associated with relying solely on one gateway. By diversifying your payment processing, you can safeguard your business against potential disruptions.

Automating Subscription Payments with payments.ai

If you offer subscription-based products or services, payments.ai offers powerful automation features to manage these recurring payments efficiently. With subscription Dunning, you can set up rules to handle failed payments, retries, and utilize multiple gateways based on customized criteria. This automation ensures that your customers experience minimal disruptions, while also minimizing the administrative burden on your team. Additionally, payments.ai allows you to schedule discounts or partial payments, giving you the flexibility to tailor your subscription model to your specific business needs.

Pricing and Additional Fees

Using payments.ai as your payment gateway incurs certain fees and charges. While payments.ai itself does not charge any transaction fee, additional fees may apply depending on the payment gateway you have connected. For example, if you use Stripe as your gateway, you will incur the regular Stripe fees in addition to the payments.ai fee. The fee structure varies based on the country and currency you operate in; therefore, it is important to review the pricing policy provided by payments.ai to understand the exact fees associated with your transactions.

Conclusion

In conclusion, setting up payments.ai as a payment gateway in ClickFunnels 2.0 offers numerous benefits, including automation, gateway routing, and subscription management capabilities. By following the step-by-step guide provided in this article, you can easily connect payment gateways, set up routing rules, and automate processes to optimize your payment processing. With payments.ai, you can enhance the efficiency of your sales funnels and streamline your business operations. Take advantage of this powerful tool offered by ClickFunnels 2.0 and empower your business to process payments seamlessly and securely.

Resource:

• ClickFunnels