Octobat is not a payment provider and only works if connected to payment provider which enables us to send and receive information regarding your customer transactions.
Octobat supports Stripe and GoCardless for the moment.
There are two ways to create an invoice in Octobat. The first possibility is to do so automatically, from the data Octobat receives via the integration that has accessed from your payment provider (Stripe, GoCardless, API).
Customers can be created automatically in Octobat. It will be done via your integrations with the payment provider you are using.
For subscriptions, Checkout works easily as well. It has just to be linked to the right plan with your payment provider to enable recurring payments.
In the transactions section in Octobat application, you have an overview of all transactions made by your business.
Depending on your business needs, they are different possibilities to integrate with Octobat.
Please see the development integration.
An invoice is a document sent to a buyer that specifies the amount and cost of products or services that have been provided by a seller, and includes any applicable taxes.
Octobat Checkout makes tax calculation before payment possible.
Checkout is a solution that enables you to collect payments from your customers which include any applicable taxes. It works for subscriptions and one time charges. Octobat Checkout is connected to the Octobat API and calculates taxes in real-time.
A checkout enables you to collect payment and calculate tax before payment easily on your website. You have the choice between a pre-developed checkout and a custom form checkout.
Coupon are handled by Octobat checkout, they need to be created on the payment provider. Octobat Checkout automatically detects coupons created on your payment provider when your customer enters the coupon code.
A checkout is a a front end tool to collect payment that has to be installed in your app/site.
Checkout enables you to collect payment easily and to calculate tax automatically.
Checkout can be used for one time charges exactly as it can for subscriptions.
Octobat can handle B2B and B2C transaction, the difference will be made by Octobat if the customers indicate a VAT number/ Tax ID, if so then Octobat knows it is a business.
You will have the choice between a pre-developed checkout and a custom form.
Please see integration documentation to learn more about the configuration possibilities.
Coupons can be created in Octobat only in the case you installed our one time charges checkout.
A coupon is created to offer your users a discount. Octobat allow the creation of coupon if you use our checkout to calculate tax before payment in case of one time charges.
Octobat supports all currencies with exchange rate from the ECB.
Customers will not have to leave your site. Octobat checkout is seamlessly integrated into your site/app, and the payment process at the checkout happens on your site/app as well.
Octobat tax calculation works for standard product and standard sales, for e-services sales, for e-books and for any specific product that has a fixed rate you could setup directly in Octobat.