Your services are important to their business. You can make it affordable with recurring billing. Just set up easy payment processing with our simple process in your TransAct account portal.
Easily Set Up Recurring Billing
Many of our professional service providers have opted to balance out payments over a few months or throughout the year. We have seen this work well with CPA, tax and bookkeeping service providers who prepare tax, financial reports and review performance of a business quarterly or annually.
Similar to a membership program, the billing and payment cycle is automated on a regular interval – every week, bi-weekly or monthly. This time frame and incidence can easily be based on what the budget plan needs to be.
Flexible and Custom Payment Plans
There is no fixed plan. It works how you and your business need it to work. You can select any interval – whether it is three, six, eight or 12 times a year, twice a month or every week.
Break larger purchases or service agreements into even payments over the course of the quarter or year to avoid “sticker shock”. Create a habit and a budget for services so that you can help them when needed.
Home Services Payment Programs
This works for home services, too. Some of our programs have been implemented by HVAC companies and other seasonal providers. In this case, the customer pays a flat rate each month and the services take place when needed. For example, an early spring air conditioning tune up and late summer for a heating system check is ideal. The techs stay busy in the slower times of the year, and the customers help minimize overtime expenses.
Pre-planning and pre-payment makes the customer feel comfortable ahead of the seasonal rush by budgeting out two major annual services throughout the year. Landscapers and pool maintenance providers essentially cut the monthly “peak season” cost in half for the customer. Instead, they pay through the winter and “bank” the value and benefits of in-season service.
It is a win-win for the customer and the service company. This creates loyalty and more trust with the longer term relationship by eliminating the unknown one-time cost for work that needs to be done.
TransAct is your Merchant Services Partner
Reach out to our team to learn more about implementing this type of program, saving the time from creating invoices, mailing bills and collecting one-time payments via check.
We can also share options for the latest payment tech including Tap to Pay. Any tech can complete this in the field. The customer just taps their card on your new TransAct enabled smart phone app. These programs do not require new equipment and can be set up in hours not days or weeks. Learn more on a quick call today.