Recurring payments, collected on the date you set.

Set a schedule once — monthly, for instalments or repeat charges — and Paynancial collects each cycle, retries failed attempts and reconciles every payment to its customer and cycle.

Talk to Payment Experts Explore Smart Collections

Set the schedule once
Retries on failure
Customers notified
Reconciled per cycle

A monthly collection for one customer

$collection = $client->collections->create([
    'customer_id' => 'cust_7Fk21',
    'amount'      => 150000, // in paise
    'schedule'    => 'monthly',
]);

echo $collection->id;

curl https://api.paynancial.com/v1/collections \
  -u YOUR_API_KEY: \
  -d customer_id=cust_7Fk21 \
  -d amount=150000 \
  -d schedule=monthly

Overview

What recurring payments mean on Paynancial.

Recurring payments are charges collected from the same customer on a repeating schedule, such as monthly instalments. With Paynancial Smart Collections you set the schedule once; Paynancial attempts collection on each due date, records failed attempts with a reason code and retries them on a defined schedule, keeps the customer informed, and reconciles each collection against the customer and cycle it belongs to.

Chasing the same customers every month for the same amount — an EMI, a membership, a service retainer — is slow and error-prone. Recurring payments replace the chase with a schedule: the amount and the due date are agreed once, and collection happens on its own.

On Paynancial, recurring payments are part of Smart Collections. You create a collection with the customer, the amount and the schedule, from the dashboard or the Collections API, and every cycle after that is collected, retried if it fails and reconciled for you.

How it works

Step by step.

01
Set the schedule
Choose the customer, the amount and how often to collect — monthly, for example.
02
Collected on the due date
Paynancial attempts the collection on each scheduled date.
03
Failures recorded
A failed attempt is recorded with a reason code for that customer.
04
Retried
Failed attempts are retried on a defined schedule.
05
Reconciled
Each collection is matched to its customer and cycle and appears in your collection report.

Capabilities

What you can do.

Scheduled collection: Collect instalments and repeat charges on the schedule you set.
Reason codes: Every failed attempt is recorded with a reason code.
Retry logic: Failed attempts are retried on a defined schedule.
Customer notifications: Customers are kept informed as a collection is due or completed.
Per-cycle reconciliation: Each collection is matched against its customer and cycle.
Collection reports: See what was collected, what failed and what is still pending.

Where it lives

Across the Paynancial platform.

Recurring Payments is not a separate system — it runs through the products and tools you already use.

Recurring Payments across Paynancial
Where	What you get
Smart Collections	The product behind recurring payments. See Smart Collections.
Collections API	`POST /collections` with customer, amount and schedule. See the API Reference.
Webhooks	Events your systems can act on. See Webhooks.
Payment Analytics	Collection results alongside all your payments. See Payment Analytics.

Good practice

Getting it right.

01
Agree the schedule up front
Tell customers the amount and the date before the first collection.
02
Watch the reason codes
A pattern in failure reasons tells you what to fix — details, timing or amount.
03
Reconcile by cycle
Close each cycle against the collection report before the next one starts.

FAQ

Recurring Payments questions.

What are recurring payments?

Charges collected from the same customer on a repeating schedule, such as monthly instalments or a membership fee.

How do I set up recurring payments with Paynancial?

Create a collection in Smart Collections with the customer, the amount and the schedule — from the dashboard or with the Collections API. Each cycle is then collected on its due date.

What happens when a recurring payment fails?

The failed attempt is recorded with a reason code and retried on a defined schedule, and the result appears in your collection report.

Are customers told before they are charged?

Customers are kept informed as a collection is due or completed.

Talk to us about recurring payments.

Tell us how your business takes and moves money, and we will show you how it fits.

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