Magento Open Source, 2.0.x

Magento 2.0.18 is the final 2.0.x release. After March 2018, Magento 2.0.x will no longer receive security patches, quality fixes, or documentation updates. To maintain your site's performance, security, and PCIPayment Card Industry: Refers to debit and credit cards and their associated businesses. compliance, upgrade to the latest version of Magento.

Bank Transfer

Magento Open Source 2.0 allows you to accept payment that is transferred from a customer’s bank account and deposited into your merchant bank account.


Bank Transfer Payment

To configure bank transfer payments:

1. On the AdminThe password-protected back office of your store where orders, catalog, content, and configurations are managed. sidebarThe right or left column of a two-column page layout., tap Stores. Then under Settings, choose Configuration.
2. In the panel on the left, under Sales, choose Payment Methods.
3. Expand the Bank Transfer Payment section. Then, do the following:
a. To activate bank transfers, set Enabled to “Yes.”
b. Enter a Title to identify the Bank Transfer Payment method during checkout.
c. Set New Order Status to “Pending” until payment is authorized.
d. Set Payment from Applicable Countries to one of the following:
  • All Allowed Countries

    Customers from all countries specified in your store configuration can use this payment method.

    Specific Countries

    After choosing this option, the Payment from Specific Countries list appears. Select each country in the list where customers can make purchases from your store.

e. Enter the Instructions your customers must follow to set up a bank transfer. Depending on the country where your bank is located and the requirements of the bank, you might need to include the following information:
  • Bank account name
  • Bank account number
  • Bank routing code
  • Bank name
  • Bank address
f. Set Minimum Order Total and Maximum Order Total to the amounts required to qualify to use this payment method.

An order qualifies if the total falls between, or exactly matches, the minimum or maximum total values.

4. Enter a Sort Order number to determine the position of Bank Transfer in the list of payment methods during checkout. (0 = first, 1 = second, 2 = third, and so on.)
5. When complete, tap  Save Config .