How To Use Recurring Billing For Your Business

How To Use Recurring Billing for Your Business

Share this Article One-time payments to your company are necessary to accept from consumers, but for many businesses – especially those that run on accounts receivable – you need a recurring billing option within your payment software too.  Recurring billing is the practice of charging a customer in installments rather than in a lump sum. These payment schedules can be …

How to Increase Recurring Payments by 15-25%

How to Increase Recurring Payments by 15-25%

Share this Article There are two major factors that drive the recurring payment stream in your office: the monthly payment amount and length of a payment schedule. You should be doing everything possible to maximize both factors. The first way to get more from your recurring revenue stream is to increase the monthly payment amounts. If you can get each …

Are your Recurring ACH Payments Compliant?

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When you’re going to accept recurring payments for a debt, are you asking what TYPE of account or card the consumer is paying with? Here’s a quick guide to the different ways people are paying off their collections debt: ACH (e-check) payments coming from a checking or savings account are required by NACHA to have signed authorization when a recurring …