Cash Discounting for Bank Payments

Product: Collaborative AR

Product Enhancement: Cash Discounting for Bank Payments

Date of the release: March 19, 2026

Versapay has expanded our Payment Rules and Discounts offering and now provides suppliers the ability to easily set a fixed flat rate discount that will be presented to customers who choose to pay with a bank account, all without any additional data or information being passed from the ERP.

What you can do:

• Set a simple, fixed discount for bank payments

• Automatically display the discount at checkout

• Encourage lower-cost payment methods without adding surcharges

This feature is now available as part of your Payment Rules and Discounts settings.

We encourage you to try out these updates and experience the improvements they bring to your financial processes. 

Questions? Please reach out to your Customer Success Manager or email us at [email protected].