Collect payments and make payments securely with ACH Origination. Accelerate the collection of recurring receivables as well. You will see your money sooner by automatically collecting payments, rents or fees from customers, tenants or members of your organization.
Advantages of Direct Deposit/Disbursements
- Simple: Makes account reconciliation easy
- Confidential: Reduces the risk of check fraud by eliminating payroll checks
- Safe: Avoids lost, stolen or damaged checks
- Efficient: Cheaper than processing paper checks
- Convenient: Saves your employees the trip to the bank to deposit their payroll checks
Advantages of Collecting Customer Payments with ACH Origination
- Efficient: Improves speed and accuracy by streamlining the labor-intensive manual processes involved in handling check payments
- Safe: Reduces returned payments and posting errors by processing payments faster and using more accurate customer information
- Consistent: Automated payments are timely and predictable. You know always know when you will be paid.
- Convenient: Customers appreciate a reliable, accurate and confidential way to pay.