Reduce the number of late payments from your customers with direct debit transactions. Instead of waiting for a check in the mail, payments are debited directly from your customers' accounts.
With recurring direct debit payments, you'll know exactly when you'll get paid and will be able to correctly predict your cash flow every month.
Your accounting will become more efficient, and you can streamline your billing and record keeping by saving account information for future payments.
With direct debit you can:
Schedule direct debit payments on a recurring basis to save time on follow-ups and sending invoices.
When payments are due, an automatic reminder is sent to notify your customers when the funds will be collected.
Once the ACH transfer is complete, a receipt will be sent making the whole process automatic – letting you spend your time on running your business.
Direct debit saves you time with:
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By directly debiting from a customer's account, missing payments due to expiring credit cards is a thing of the past.
You'll gain peace of mind knowing your payments will come through and you can focus on building long-term customer relationships.
Customers will also appreciate never getting a late payment reminder again. With direct debit their payments will be on time, every time.
Direct debit provides: