Cord Payments Overview
The collection engine of your B2B business. Card, SPEI, or manual transfer, with the money going straight to your bank.
This guide includes the September improvements. Their combined publication and integrated acceptance still need verification. See scope and availability.
Cord Payments is the system you use to accept card, SPEI, or manual-transfer payments directly from a cotización, with funds deposited into your own bank account within 2 to 7 business days. Cord charges a single fee per transaction, calculated transparently and visible before you charge — no hidden fees, no surprises. See the full fee schedule.
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Integrate Cord to start accepting B2B payments online instantly, automate bank transfer reconciliation, and — in Mexico — natively issue CFDI invoices.
Find your use case →Goodbye manual reconciliations
In traditional B2B, receiving a payment means: asking the client to email the transfer receipt, sales forwarding it to finance, and finance searching for the exact deposit in the bank portal the next day to cross-reference it against the quote.
Cord Payments completely eliminates this process. Our payment infrastructure is natively designed for B2B, automating reconciliation and sending the money straight to your bank account.
What you will learn in this section:
- Accepting a payment: How dynamic CLABEs (SPEI wire transfers) and card payments work, and why the money goes straight to you.
- Fees and advantages: How much Cord charges for each method, and why.
- Deposits and balances: How to charge a percentage today and the rest later.
- Recurring retainers: How to set up an automatic monthly charge.
- Refunds and disputes: What to do when something doesn’t go as expected.
A “Direct-to-Bank” architecture
Unlike generic payment gateways that hold your money and then do periodic “payouts”, Cord Payments uses direct charges: when your customer pays, the money travels straight to your own connected bank account — it never passes through a Cord account. Cord isn’t a middleman for the money — it’s the software layer that orchestrates the transaction, verifies your identity, and calculates the fee — in Mexico, it also issues the CFDI for that fee (see Fiscal invoicing by country).
This also means you’re the merchant of record for every payment — not Cord. You’re responsible to your customer for the goods or services sold, and to the bank for any chargeback. See Fees and advantages for the details.
Recent improvements
See what changed in payments, invoices, security and plans, how it helps operations and what still needs validation.