Direct Payment programs encourage loyalty to financial institutions and offer numerous benefits to both individual and business customers. Your clients will experience improved business efficiencies and cost savings, while for individual customers, Direct Payment provides a convenient alternative to paper checks. Additional benefits for all your customers include:

Direct Payment is simple.

• Your individual customers never have to worry about missing or forgetting payments. Direct Payment virtually eliminates late fees, which can easily amount to $30 per payment.
• For the business customer, Direct Payment eliminates many of the manual processes involved in handling check payments, which improves the accuracy, efficiency, and productivity of their day-to-day business operations.

Direct Payment is safe.

• Individual customers will experience increased financial privacy because their personal account information is protected and passes through fewer hands.
• Payment collection for the business client is automated; your clients always know when they will be receiving payments. Furthermore, due to the speed of processing payments, returns and posting errors are reduced.

Direct Payment is smart.

• Direct Payment saves time for all your customers - individuals can spend the equivalent of three days per year writing paper checks to pay bills, while your business clients save considerable time and costs in payment processing.
• Direct Payment improves customer loyalty with their financial institutions. Individuals who are happy with their account management using electronic payments tend to change banks less frequently.
• Business clients will appreciate the improvements in reliability and accuracy of their payments.