Recurring Payments
Using Recurring Payments, your customers can choose to have electronic debits withdrawn from their checking account on a recurring schedule. Our Web-based solution allows you to set up customers for repeated debits and then just manage the exceptions — it’s as simple as that.
How does it work?
- A password and user ID are issued to you
- You log into the Web site and enter your customer information
- Payments are processed automatically on a schedule that you choose
- Revisions/exceptions can be managed at any time from any location
- Funds typically settle in 2-3 business days
- Free recovery on all returned items
Benefits:
- Reduces staff labor hours — no check handling
- Automates and improves cash flow
- Substantial savings over credit card fees
- Reduces bank fees
- No additional equipment to buy
- No additional software to purchase
- Integrated recovery for all returned items