Link to home
Start Free TrialLog in
Avatar of RGuillermo
RGuillermoFlag for United States of America

asked on

Collect payments on monthly basis from remote customers.

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?
Regards,
Avatar of John
John
Flag of Canada image

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.
ASKER CERTIFIED SOLUTION
Avatar of David Johnson, CD
David Johnson, CD
Flag of Canada image

Link to home
membership
This solution is only available to members.
To access this solution, you must be a member of Experts Exchange.
Start Free Trial
Avatar of RGuillermo

ASKER

Thank you, experts!!!
Avatar of Christopher Waldschmidt
Christopher Waldschmidt

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.