How Direct Payment Works

Direct Payment, or direct-debit, is the process by which your customer pays you directly from his bank account instead of writing a paper check. PaySimple's Recurring Billing feature enables your business to seamlessly implement a direct payment program and eliminate the unnecessary added costs of paper invoicing and paper check processing.

The process is simple (and PaySimple does most of the work for you):

1. Sign Up
Your customers provide their account information and authorize your company via online form or in writing to debit payments from their checking account. (PaySimple provides you with these authorization forms and with a secure online form.)

2. Notify
You can send receipts and pre-notifications (if on a recuring billing schedule) to your customers of each direct payment made, depending on what they agreed to when enrolling in the direct payment program. PaySimple can send automatic emails receipts and pre-notifications for you.

3. Submit
Payment information is submitted into the ACH network. Your customer's bank is notified top post a debit the customer's bank account and releases the funds to the ACH Operator. The Operator takes the processes the transaction data and notifies your bank to post the payment. Your bank receives the information and posts a deposit to your account.(PaySimple does this for you. All you have to do is click a button.

That's all there is to it!

Call now to speak with a Payment Specialist who can help you find a Direct Payment solution that's perfect for your business: 800-466-0992.