What can I do to reduce my Credit Limit Utilization? How do I pay for my Overdue Invoices?

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To free up some of your Credit Limit Utilization, you have to pay outstanding Invoices. You can also pay Invoices that are not yet due.

Paying any outstanding invoice will free up the wallet as soon as your invoice is confirmed as paid. This way you can reduce your utilization and confirm deals faster again without the waiting time or additional Credit Card Fees.


How do I pay for my Overdue Invoices?

  • Click on the Pay invoices button in the Banner.
    • You can also access the same flow from the Wallet Widget as shown below.

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  • You will see a new window open, where you can choose which invoice you want to pay.
    • If you just want to top up your wallet without paying a specific invoice, you can skip this step by clicking on "Next" 


  • You can also select multiple invoices at once to reduce bank fees ⬇️


  • After you click on Next ➡️
  • You will be prompted to Add Funds to your wallet. 
    • This is an alternative way of increasing your balance with xChange. However, usually, it's better to pay outstanding invoices.

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  • After you click on Next ➡️
  • You can select a Payment Method to pay for an invoice or simply Top up your wallet.

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  • You can pay by Credit Card or by Bank Transfer
    • If you pay via Credit card the payment flow is instant.
      • But there will also be a 3% third-party processing fee on top.

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    • For Bank transfers, we will provide you with all the details you need to easily conduct a bank transfer.
      • You will get the option to download the invoice and an easy-to-understand email with all the details as well.

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  • Please be aware that if you use Bank transfer, your Credit Limit utilization will only reduce the moment the money is received by xChange.

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