Recurring Payment
Do you bill your customers automatically for routine products or services on a weekly or monthly basis?
If you are a membership-based or subscription service organization, or even a charitable organization,
then the Recurring Payment module is the right solution for you.The Recurring Payment module allows you to take control of the customer payments by giving you the flexibility to set up automated, recurring payments for fixed amounts using your customer’s credit card, debit card, or checking account. With this module you can set up and manage payments, schedule payment frequency and duration, suspend payments as required and generate credit card expiration reports in advance of upcoming billing. Moneris also stores and protects all of the customer information, so you don’t have to worry about keeping it on file.
Benefits
- Reduce administration time. Access transaction reports with the click of a button and eliminate the
process of manually tracking check payments.
- Improve cash flow. Get paid faster – once an electronic payment is authorized, the funds are channelled to your bank account and can typically be accessed within two to five business days. *
- Reduce errors. Automated payments reduce errors that occur with the acceptance of checks, such as encoding problems and wrong amounts or dates.
- Reduce collection expenses. Time spent collecting missed payments can be very costly, especially
with NSF checks.
- Reduce security risk. Store your customers’ payment information on our secure servers and
limit the risk of account compromise.
* To receive access to funds within two business days, a Harris N. A. or RBC Centura business bank account is required (Applies to credit and signature debit cards only) .
