LearnyPay Bank Transfer allows you to collect payments from your customers via bank transfer using virtual IBAN technology. In practice, a unique French IBAN is automatically generated for each customer, allowing them to pay by bank transfer with no amount limit, making it ideal for high-value transactions.
This technology also offers significantly faster processing times than traditional bank transfers, including when funds are transferred between French and foreign banks.
How does it work?
When a customer places an order through one of your payment forms configured with LearnyPay Bank Transfer:
A unique IBAN is generated
A unique French IBAN is generated for each customer and for each payment form. This IBAN is automatically created when the payment form is validated.
It is not a fixed IBAN linked to a bank account—it changes depending on the customer and the order. This allows the system to accurately match each payment to the correct offer and customer.
Using a payment form is mandatory
It is not possible to send funds directly to a Learnybox IBAN without going through a payment form.
The form is essential because it triggers the creation of the virtual IBAN and ensures the payment is correctly linked to the corresponding offer. Without a form, incoming funds cannot be properly assigned.
The customer makes the transfer
The customer initiates a bank transfer from their bank to the generated IBAN. The funds are then automatically sent to your LearnyPay wallet.
Automations are triggered instantly
As soon as the transfer is received, the transaction is marked as “Validated”, and all automations are triggered (invoice generation, etc.).
The funds available in your LearnyPay wallet can then be transferred to your bank account.
What you need to know about the virtual IBAN
IBAN reuse for the same form
If your customer needs to make another payment for the same form (for example, as part of a split payment), they can reuse the same IBAN without going through the form again.
A different IBAN per customer
Each customer is assigned a different IBAN. It is not possible to reuse one customer’s IBAN for another customer, as this would prevent the system from correctly matching the payment.
No bank account is created
This technology does not create a bank account in your name. The virtual IBAN is hosted by Mangopay and acts as an intermediary to route funds to your wallet.
Bank transfer, not direct debit
This is a standard bank transfer, not a direct debit. Once executed, the transfer cannot be reversed by the customer.
Just like other payment methods available in Learnybox, LearnyPay Bank Transfer ensures automatic tracking of payments, invoice generation, and all automations linked to your offers.
FAQ
Is the transfer really instant?
Is the transfer really instant?
Transfers are processed almost instantly thanks to this technology, much faster than traditional bank transfers.
Processing speed may vary slightly depending on the customer’s bank, but most French banks support instant transfers.
Is there a maximum amount?
Is there a maximum amount?
Unlike card payments, which may be subject to limits within LearnyPay, bank transfers are only limited by the customer’s bank transfer limit.
This makes them ideal for high-value offers (coaching, premium courses, etc.).
Can I offer split payments?
Can I offer split payments?
Yes. The IBAN generated for a customer remains the same for all installments related to the same payment form, making split payments easier to manage.
However, a new IBAN will be generated if the customer places an order through a different form.
Can the transfer be reversed by the customer?
Can the transfer be reversed by the customer?
No. Unlike a direct debit, a bank transfer cannot be reversed once it has been executed.
Does my customer need to create an account?
Does my customer need to create an account?
No. Your customer simply makes a standard bank transfer from their own bank. No registration or account creation is required.
Does the money go directly to my bank account?
Does the money go directly to my bank account?
No. The funds are first received in your LearnyPay wallet. You can then transfer them to your bank account at any time.
What should I do if a transfer is incomplete or incorrect?
What should I do if a transfer is incomplete or incorrect?
See the dedicated article: LearnyPay Bank Transfer: How to proceed in case of an incomplete or incorrect transfer from your customer
How do I configure LearnyPay Bank Transfer for an offer?
How do I configure LearnyPay Bank Transfer for an offer?
See the dedicated article: How to configure LearnyPay Bank Transfer for an offer