Other Payment Solutions
Recurring Billing
Recurring Billing allows you to program dates to charge card payments in advance. This is ideal for merchants who have recurring membership fees, for example. With this billing method, consumers can use credit or debit cards to automatically cover many types of regularly scheduled payments (automobile, insurance and so forth) if the payment is the same amount each month.
Recurring Billing provides many benefits to businesses:
- Ensures on-time receipt of payment
- Enables faster posting than check payments received in the mail, making funds available sooner
- Offers flexibility, giving customers more options for how and when they pay their bills
- Lowers billing and collection expenses (personnel)
- Lowers check-handling costs
- Minimizes chargebacks when it comes to insurance, cable, utility and tax bills
- Attracts new customers
- Offers existing customers more buying power
- Contributes to customer stickiness: Cardholders whose bills are paid automatically are likely to continue to stick with the arrangement
- Results in fewer customer service calls per customer, since service disruption is less likely when bills are paid automatically
Sound Interesting?
If you have any questions or just want to get signed up for Recurring Billing get in touch and we'll get back to you within in a few hours during normal business hours (Mon-Fri 7AM - 5PM PST). Emails received after hours will be responded to the next business day.