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It's a no brainer. If you can find a way to automatically bill and collect from your customers every month, your business is going to be better off. Not only will your cashflow improve, but you'll save money on many of the hidden costs associated with cash management activities: lockbox fees, collection agency charges and bank NSF penalties. So not only will you streamline your billing operations, you'll maximize your cashflow through consistent, reliable income..
Recurring payments are not only beneficial for you, but also for your customers. Once they sign up for recurring payments by credit card, debit card or electronic funds transfer, life gets simpler: no more checks to write, bills to mail, or postage to buy. And no more worrying about whether a payment will arrive late and endanger their credit rating.
With Chase Paymentech's recurring payments, everybody wins.
- Easy and convenient - Your customers will enjoy the simplicity and convenience, not to mention the savings.
- Good for your bottom line - Your account is credited faster, making funds available sooner. Earlier deposits and reduced float generate additional interest for your business.
- Enhances your customer relationships - Your business benefits from the extended loyalty that recurring payments help establish and promote.
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