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Introduction to Payment Processing

Updated over 5 months ago

Payment Processing Overview

Welcome to the Payment Processing Help Documentation of RentalTide! This guide provides a comprehensive understanding of how payment processing works within our platform. Whether you're managing individual transactions or operating under a subscription model, this documentation will help you navigate billing processes, understand fee structures, and ensure seamless financial operations.

Key Topics:

  • Transactional Billing

  • Subscription Billing

  • Fee Structures

  • Integration with Stripe

  • Managing Payment Methods

  • Security Measures

How Payment Processing Works

At RentalTide, we offer flexible billing options tailored to your business needs. Our platform supports both Transactional Billing and Subscription Billing, ensuring that you can choose the method that best aligns with your operational requirements.

  • Transactional Billing: Charges are applied per transaction processed through the platform.

  • Subscription Billing: Charges are applied based on a recurring subscription plan.

Understanding these billing models helps in effective financial management and transparency.

Fee Structure Overview

RentalTide maintains a transparent fee structure to ensure you have a clear understanding of the costs associated with using our platform.

  • Transactional Fees: A fixed percentage (e.g., 6%) of each transaction amount.

  • Subscription Fees: Fixed subscription fee based on the selected plan.

This overview sets the foundation for delving deeper into each billing model in subsequent articles.

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