Recurring Payments

Recurring billing payments are direct debit transactions that automatically bill and collect money from customers on a regular, recurring basis.

Advantages of Recurring Payments

  • “Set it and forget it” simples recurring billing and increases productivity.
  • Increase cash flow and revenue streams
  • Easy and convenient for customers
  • Enhance profitability
  • Increase efficiency

Automated recurring billing eliminates the need to re-enter the payment information and re-submit the payment every interval in the billing cycle. The transactions are direct debits that have been authorized by the customer.

Payment information can be automatically populated in the fields eliminating the need for repetitive data entry. Transactions may be set to occur as recurring transactions at the incremental time period. The number of transactions may be set to an established finate number of payments or can be open-ended and allow for recurring payments to occur indefineatley. Email reminders and confirmations can easily be sent to the customer. The transactions appear on a customers bank account statement as an ACH transaction.

Automated recurring payments are perfect for rent payments, tuition, insurance, memberships, utilities, or any time the same amount is paid on a regular interval. Customers like the convenience and ease of payments. Merchants enjoy regularity of payments and increased cash flow.