Direct Payment for Businesses : Introduction to Direct Payment

Are you looking for easy ways to save your company time and money, while improving the accuracy and efficiency of your receivables activities? Consider Direct Payment - the electronic transfer of payments from customer or donor checking and savings accounts directly to your company or charitable organization's account - to simplify the payment process for both you and your customers or donors. Direct Payment is ideal for companies collecting recurring payments or charitable donations of all sizes.

Four out of five consumers who use Direct Payment say that they are very satisfied with it.

Explore this section to find out about the benefits of offering Direct Payment, get answers to the most common questions, and take advantage of our sample Direct Payment authorization forms.

How It Works

View every step in the process, from initial authorization to payment confirmation.
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	Benefits Find out how Direct Payment can lower your processing costs and improve efficiency, while increasing customer satisfaction and loyalty. See more benefits »
	Costs The costs of setting up Direct Payment are nominal compared to the savings you'll realize. Learn more »
	Fast Facts Direct Payment is ideal for many recurring payments, including loan and insurance payments, utility and cable bills, and charitable contributions Learn More »
	Questions and Answers (FAQ) Get answers to frequently asked questions about Direct Payment View the FAQs »
	Next Steps Learn what to do next if you're ready to implement Direct Payment at your company or organization. Get started now »

Mortgage companies
Insurance companies
Companies that offer investment and savings plans
Companies that collect loan payments
Newspapers, magazines, and subscription-based services or offerings
Utility and telecommunications companies
Cable companies
Health clubs
Credit card companies
Colleges and universities
Non-Profit organizations, including houses of worship

More than half of all households in the United States already use Direct Payment for at least one payment and most would like to increase that number. Offering Direct Payment shows your customers that your company is customer-oriented, cost-conscious and forward-thinking.

"Our Direct Payment program offers our customers great convenience and reduces our payment processing costs. It's a service our customers have embraced enthusiastically. They seem to appreciate having multiple payment options."

- Ameren Corporation,
St. Louis, MO

How It Works

Benefits

Costs

Fast Facts

Questions and Answers (FAQ)

Next Steps