e-Pay

e-Pay

Electronic Payment System
Improve cash flow, automate your receivables, save time & money

Everyday, companies worldwide are realizing the benefits of electronic payments - electronic funds transfer (EFT), direct deposit, and automatic bill payments to name a few. In 2009, 8.94 billon electronic items were processed through the Automated Clearing House (ACH) System totaling $24.4 trillion. With proper authorization, you collect payments from your customers quickly, no matter where they bank in the United States. Efficiently processing payments and predicting cash flow becomes easy saving time, money, and administrative efforts. No more excuses for late payments!

Recurring Payments - Meeting the Cash Flow Needs of Your Business-type
Many businesses can benefit from recurring electronic payments - leasing companies, insurance companies, ISPs, home security companies, health clubs, wholesale distributors, landscape maintenance, bookkeeping and accounting firms, catalog companies, collection agencies, telephone companies, municipalities, utility, and debt consolidators to name a few. Any company receiving payments on a regular or recurring basis can benefit greatly.

Single-Event Transactions and Internet Merchants
Merchants who have single-event, or "one-time" transactions, also benefit from electronic payments. Transactions conveyed over a merchant's website, an electronic bill sent via e-mail, or transactions captured over the telephone. Similar to a credit card transaction, payment is initiated by your customers who enjoy the convenience of check payments, and merchants enjoy the substantial saving over costly credit card transactions...50-90% savings depending on the average transaction amount. Additionally, merchants avoid additional payment processing delays due to over-the-limit or cancelled credit cards. More importantly, you gain access to a larger consumer audience, including those who don't have a credit card or have bad credit. So, merchants capture more transactions while lowering transaction costs.

"Time is money"...
This phrase has never been truer than it is today. ePay will save you time and money by automating receivable processing, streamlining your billing process, capturing more transactions and improving your cash flow.

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