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Procore

Add a Payment Method as a Payee

 General Availability in Select Markets (United States)
flag-us.png Procore Pay icon-external-link.png with payments powered by Goldman Sachs Transaction Banking (TxB)* is available in the United States. It is designed for General Contractors and Owner-Builders who act as their own General Contractors on a job. Procore Pay extends the Invoice Management icon-external-link.png functionality in the Procore web application to handle the payment process between general and specialty contractors.
Limited Release
Free Procore accounts are currently only available in the United States and Canada.

Objective

To add a payment method to pay platform fees when using Procore Pay.

Background

General contractors can use Procore Pay to pay subcontractors that are invoiced through Procore. When a payor marks a commitment as 'approved', Procore creates a Pay Agreement with the commitment details and, if applicable, the fees required to use Procore Pay. Credit cards added as payment methods are used to pay any  fees that are required in the Pay Agreement.

Things to Consider

Steps

  1. Navigate to your company's homepage. See How do I change companies?
  2. Navigate to the Payments tool.
  3. Click the Configure Settings icons-settings-gear.png icon.
  4. Click Payment Methods.
  5. Click Add Payment Method.
  6. Enter your credit card information.
  7. Mark the checkbox if this should be the default payment method for processing fees.
  8. Click Save Card.