How Recurring Billing Saves You Time and Effort
In it’s simplest form, a recurring billing system automatically charges your customer’s credit card each and every month.
You can set it up to bill a customer indefinitely on a specific day of the month, or in 30 day increments.
You can set up your recurring billing system for payment plans as well, such as 3 pay, 5 pay, or 10 pay.
And any recurring billing worth it’s salt will allow you to control and modify a number of important billing parameters, such as:
- The date you charge your customer
- Different payment plans for price or the number of times to charge your customer
- 30 day, 60 day, 90 day or other payment intervals.
So how does it work?
How Recurring Billing Works
Well, it’s a virtual system. Meaning, the recurring billing system is part of a “virtual terminal” where you log into a secure site to charge and manage your customers.
As a virtual system, it means you don’t have any software to buy. Or computer headaches to manage. Or software upgrades to pay for down the road.
And as a virtual system, it means you can have someone manage the virtual terminal for you, handling issues like changes to credit card expiration dates.
So who is a good fit for this type of merchant account?
Typically business that bill clients a set amount each month, such as:
- Professional practices
- Alarm Service Companies
- Landscapers
- Internet Service Providers
- Web Hosting Companies
And the list goes on.
Whether you are just getting started, or you are simply looking for a better deal, now is a great time to…
Choose a New Merchant Account Provider
If so, there are a couple of ways you can get started.
You can get free merchant account quotes. Compare for yourself the best deals by following the link and answering seven (7) simple questions today.
To get started with a new merchant account, simply follow the link and find your state. Once there you can follow the directions to find qualified merchant service providers that can help you get set up starting today.
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Lately there have been a number of folks asking about how to set up an online merchant account.