Payments by Phone

 

Accepting payments over the phone is an essential part of doing business for many organizations, as it enhances sales and fosters better customer service. Created for efficiency, the Payments by Phone solution is Web-based and requires no additional hardware or software. Payments by Phone also reduces labor costs and bank fees, in addition to eliminating credit card fees and equipment costs.

How does it work?

  • Check payments are accepted over the phone
  • Your customers call you to make a payment
  • You enter customer bank information into easy to use Web-based software
  • Funds typically settle in 2-3 business days
  • Free recovery on all returned items

Benefits:

  • Reduces staff labor hours — no check handling
  • Improves cash flow
  • Substantial savings over credit card fees
  • Reduces bank fees
  • No additional equipment to buy — no scanner, terminal, etc.
  • Free integrated recovery for all returned items

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