Automatically processing recurring transactions makes billing and collections
easier and more efficient. Merchants who serve a customer base that is billed
regularly can process credit cards and checks more quickly and easily with SecureNet
Payment Solutions.
Your customers can pre-arrange to automatically make payments directly from their
account to yours. The exact payment is made directly to your company’s account
on time, every time. You’ll also get great reporting capabilities that are
available from any Internet enabled PC. The SecureNet Gateway and Virtual Terminal
provide the ability to initiate direct debits or credits to your customer’s bank
account or credit card in a secure, fraud-protected environment.
Benefits
- Consumers respond positively to using credit cards or ACH for recurring payments
- Consumers signed up for automatic recurring payments are less likely to leave
- Automated payment scheduling is flexible
- Reduces postage, paper & labor expenses and bank fees
- 24 hour online processing and reporting
- Tracks card expiration dates to avoid interrupted payments due to expired data
- No need to change banks, deposits can be made to your current financial institution
- Real time fraud control - AVS, CVV and CVV2 included - no additional fee
Types of businesses that benefit most from recurring billing
- Mortgage companies
- Insurance companies
- Companies that offer investment and savings plans
- Companies that collect loan payments
- Newspapers and magazines
- Utility companies
- Cable TV companies
- Health clubs
- Credit card companies
- Non-Profit organizations, including houses of worship