AutoCHEQ™

CSI also offers recurring payment debits as an added service and convenience for your customers. Recurring AutoCHEQ™ payment transactions are set up for the customer's accounts that have fixed monthly payments.

With this process, customers can authorize merchants to automatically debit their checking account for products ordered, services delivered, or payments due.

Your customer's account is automatically debited at a specific time each month eliminating the need for them to send a paper CHEQ™ payment.

AutoCHEQ™ Benefits

Added Convenience For Your Customers
Removes The Need For Human Intervention
Guaranties You “On Time” Payments
Eliminate All NSF Returned Item Fees with eRecovery™      
Increases Bottom Line Profitability
Automates Customers Payment Process
 Increases Cash Flow
Saves Check Writer Postage & Time
Improves Customer Retention

 

AutoCHEQ™ Process

Your customer's account is automatically debited at a specific time each month eliminating the need for them  to send a paper CHEQ™ payment.  You and your customer benefit from receiving payments on time.

This reduces your costs associated with accounts receivable labor and increases profitability.

Automated payments bring benefits to consumers by guaranteeing that their monthly bills will always be paid on time each and every month. This promotes better credit for your customers, as well.

AutoCHEQ™ Solution

AutoCHEQ™ transactions can be processed by batch from your software or using CSI’s PC based software.

Payments are authorized once and then processed on a recurring basis for the services that you provide to your customer.

Our on-line reporting can make the process completely automated by providing an electronic file that updates your accounts receivable and cash management system daily.