RECURRING PAYMENTS
Euroline can now handle all, or parts, of your company's invoicing for subscription customers. Rather than sending invoices, you debit your customers� credit cards. Many companies that issue invoices have already witnessed the financial advantages associated with Recurring Payments by credit cards. The service works with everything from infrequent purchases, such as newspaper subscriptions, book clubs, and membership fees, to more regularly recurring bills, such as telephone bills and rent.
It is simple, for you and your customer.
It is very simple. Your company offers customers card payment as an alternative, upon which interested customers fill out an authorization form with their customer and card information. Given the customer�s authorization, it enables you to debit the customer's card number on a recurring basis, depending upon how often payment is to take place. This can be anything from once a week to once a year.Euroline verifies the card within seconds, and your company will have the money settled to a designated bank account the following day.
Good service is only one of the many advantages.
In addition to offering your customers a new and cost-saving payment alternative for your company, your customers will early discover several advantages;- your customer avoids payment costs
- your customer need not keep track of due dates and whether there are sufficient funds in the account
- your customer automatically receives up to 45 days credit depending on the selected card type
- your customer has one less invoice to pay and, depending on the selected card type, your customer can earn bonus points.
Your company also has a lot to gain.
The greatest advantage is the reduced cost of invoicing. If a specification of charges is requested, it is much more efficient to receive it over the Internet. Euroline and the card networks have received a very positive response from companies that are already using the Recurring Payment service by credit card. Among several advantages for your business are as follows:- you avoid any problems associated with late payers
- you enhance your cash flow by receiving settlement the following day
- you can offer your customers bonus points
- you avoid collection management
- you gain a more loyal and secure group of customers
- you can offer an additional payment alternative
- you reduce your financial risks
- your company can offer its customers up to 45 days credit
- Euroline offers acquiring of Visa, MasterCard and Diners Club.
