Collect payments on monthly basis from remote customers.

RGuillermo used Ask the Experts™
Hello Experts,
I am in the need to collect payments from remote customers.
I have been doing these for years using normal bank wire transfers...
But now I know Paypal offers to do this on monthly basis, charging 4%.
Can you tell me the name of other companies that can do the same?
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JohnBusiness Consultant (Owner)
Most Valuable Expert 2012
Expert of the Year 2018

For a reasonable number of customers, you can try the following:

Set yourself up at a Bank as a payee (like your utility company or credit card company that you pay online). You can ask your customers to pay you this way. This should work fine.
Top Expert 2016
a lot of businesses use accepts MasterCard/PayPal/Visa/AMEX
RGuillermoProject Manager


Thank you, experts!!!
Our bank does this for about 15 cents per transaction if you have ACH agreements in place with the people you are deducting funds from.

Please feel free to give our Freedom Bank Treasury Management department a call at 913-563-5600 and ask them to schedule a technical call with the IT staff and we can help.

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