Using Recurring Billing ensures that your customers pay on time, every time, eliminating the collection and deposit effort on your part.
Recurring Billing is the electronic automation of customer check payments to you. Instead of receiving checks by mail and creating large paper deposits, your customers can enjoy the convenience of a timed electronic debit to pay their monthly or weekly payment to you.
On the specified day of the month, week, or whatever interval you choose, Recurring Billing processes your transactions and reports to you the status of each transaction. Your funds are credited to your bank account the day following the electronic collection of each batch, and many reporting reconciliation options are available.
Using Recurring Billing ensures that your customers pay on time, every time, eliminating the collection and deposit effort on your part. Getting started is easy! Your customers simply authorize the automated payment by completing a short signup form and we do the rest. You can add to or change your Check payments batch at any time by logging on to your merchant portal online, 24/7with your secured password and manage your batches in real time.
Feature Summary: (automated electronic check payments)
- Easy web management application
- Immediate deposit of cleared customer funds
- Immediate collection of NSF transactions
- Advanced reporting and historical summaries