InterceptEFT: Easy, Authorized Direct Payments
Make it easy for customers to automate their payments. Bring more consistency and stability to your cash flow.
Direct payment solutions from InterceptEFT provide fast, reliable transactions between a customer´s account or credit card and the billing company. We offer more features, better reports and more flexibility — and our industry and technology expertise are unmatched.
It´s sometimes known as automated bill collection, electronic bill collection, automatic debit, credit/debit cards, electronic bill payment or direct debit. Direct payment is the collective — and preferred — term we use to encompass all of them. More than half of all U.S. households have at least one recurring transaction that uses ACH.
Direct payment is ideal for:
- Recurring payments such as:
- Monthly membership dues
- Loan and insurance payments
- Utility and cable bills
- Healthcare or childcare payments
- Rental payments
- Subscriptions
- School tuition and fees
- Charitable contributions
- Internet payments (WEB)
- Mail orders/telephone orders (TEL)
- Online bill payment
- Credit/debit card payments
- Receivables and collections
- Represented checks (RCK)
- Corporate to corporate payments (CCD)
- Check conversion/back office conversion/lock box (ARC)
- Check 21
And, with our Xcelerated™ returns, get notification of a return much quicker than if the transaction was processed through the ACH network and returned days later.
Stable: Create more consistent and stable cash flow. Lower your return rates.
Automatic: Help customers avoid the hassles of checks, stamps and mail.
Cost-Efficient: Decrease your processing costs and eliminate manual tasks.
Precise: Ensure proper formatting and processing with InterceptEFT Account Management System, our transaction management platform.
Detailed: View processed transactions, return items and statements through our easy online reports.
Convenient: Process transactions outside of business hours — even on Sunday.
InterceptEFT will streamline your direct payment process so you can accomplishmore and stressless.
Updated 05/13/2008