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Recurring payment processing |
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Recurring payment processingAuthor: NUEPAY Article source: http://www.articlealley.com/. Used with author's permission.
Recurring Payments Processing
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Recurring payment processing can reduce costs and increase revenue for your business, as well as provide great convenience to your customers. Many companies must bill their customers on a regular basis. Businesses such as fitness clubs, utilities companies, landscaping services, or telecommunications firms often have monthly charges for which they must bill their customers. Recurring payment processing allows a company to automatically transfer the funds via electronic checks, eliminating the need to send bills and process paper checks.
Recurring payment processing will reduce your company's administrative costs. You'll no longer need to spend the manpower to issue bills and the costs to mail them. Nor will your customers need to remember to pay them on time. In addition, processing electronic checks is less expensive than processing credit card payments. Giving your customers the option to pay recurring charges automatically with electronic checks increases their convenience by giving them more payment options.
With recurring payment processing, the ACH network will automatically transfer the funds from your customers' bank accounts to yours on a designated day each month or charge period. You'll have access to the funds within 48 hours?much more quickly than with paper checks. At Nuepay, not only can we provide you with the tools to process recurring payments, we can also help you recover the funds more quickly and easily if your customers don't have the balance in their accounts to cover the payments.
Regardless of the type of business and whether you operate in person or online, you can take advantage of a wide range of electronic payment services to streamline your payment systems. At Nuepay, we can help you set up recurring payment processing or convert paper checks to electronic checks with remote deposit.
To learn more about the recurring payment services that best suit the needs of your business, visit us at www.nuepay.com, email us at sales@nuepay.com or contact a representative by calling 1-800-815-4105.
Main Keyword: Recurring payment processing
Secondary Keyword: electronic payment services, electronic checks, ACH network, processing electronic checks
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