Most kids’ gymnastics businesses require members to make payments on a regular basis. Your company has probably either accepted credit card payments every month or mailed bills to members, who then must send in paper checks every month. Either way, setting up recurring electronic payments can save your business time and money and provide added convenience for your customers.

ACH payments allow the funds to be automatically transferred from your customers’ bank accounts to yours on a specified date each payment period. You’ll no longer have to waste administrative time and postage costs sending out monthly bills and depositing paper checks. Your customers will also appreciate the convenience of not having to pay their bills every month. If you’ve traditionally accepted monthly credit card payments, electronic checks will save your business a lot of money, requiring just a low per-transaction fee instead of the high fees the credit card companies charge. Plus, electronic checks will allow you to increase business and therefore revenue by making your services available to the millions of people who don’t use credit cards.

Benefits

Reduce costs
Accepting electronic checks is much cheaper than accepting credit card payments. Electronic checks involve a low per-transaction fee, as opposed to the high fees associated with credit cards. Electronic check processing also makes your services available to the millions of people who don’t use credit cards.

Save time for your company and customers
Recurring electronic payments save your business the time involved with mailing bills each month and depositing paper checks. And your customers won’t have to worry about sending you a check every month.

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