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Remote Deposit Services

Accounts Receivable Conversion (ARC)
Back Office Conversion (BOC)
Automated Recurring Payments
Checks Over The Phone
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CHECKredi offers the most comprehensive suite of secure payment solutions on the market.

Remote Deposit Services

Automated Recurring Payments

CHECKredi’s Automated Recurring Payments service replaces the traditional method of billing and collection by offering you the ability to automatically debit the customer’s account when it is time to pay. You can schedule payments on a one-time, weekly, bi-weekly, monthly, quarterly, bi-annual or annual basis. This product is great for rent-to-own companies, apartment complexes, gyms and companies that sign contracts with their customers to pay a flat rate at a fixed time.

Features:

How does the automated recurring payments system work?

Step by Step
  • Payment schedule is set up in the Automated Payment System
  • Payments are debited on a one-time, weekly, bi-weekly, monthly, bi-monthly, annual or bi-annual schedule
  • Funds are debited from consumer’s account as per the payment schedule
  • Funds are transmitted into the client’s account after funds have cleared
  • Non-paid transactions are reported to merchant via our secure website

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