As a business using Mono, you can now fund your Mono wallet and pay for your Mono Connect subscriptions by transferring to a dedicated Wallet payment account on the dashboard.
1. To get started, log in to the Mono dashboard, navigate to the More tab on the sidebar, and select Wallets from the drop-down.
2. On the Wallets page, click on the "Generate" button, and a personal bank account will be generated that you can use to top-up your wallet. Then you can transfer your preferred amount and your Mono wallet will be funded.
3. To pay for a subscription plan using the funds in your wallet, go to Plans & Billing under Settings.
4. Select "Wallet" under billing methods.
5. You will receive a prompt notifying you that your billing method has been updated successfully.
With your billing method updated, you'll now receive subscription email reminders with the static wallet payment number included, so you can fund your Mono wallet and pay for your subscription easily.
To see how to subscribe to a pricing plan using the funds in your wallet, check out this article.
FAQs
Can I use my Wallet balance for Connect Subscription?
Yes, you can set this as a billing method under the billing settings module.
Do I receive a notification when my wallet is funded?
Yes, you will receive an email notification for successful wallet funding.
Do I receive renewal reminders for my Connect subscription with the wallet billing method?
Yes, you will receive renewal reminders for your Connect subscription.