Premium Finance Payments

You Get 100% of Your Payment. You Never Pay Any Transaction Cost

Your finance customers are asking to pay by credit or debit card – But you can not afford to pay the cost of accepting credit card payments – usually about 3% of the total payment. To make matters worse, your credit card contract, and in some states specific state laws, will not allow you to charge any extra fees to your clients who pay with credit cards.

Result – You receive the entire premium finance payment amount for each payment accepted. We pay all transaction cost out of the “Service Fee”. You pay nothing.

Here’s how it Works…

Online – Your Web site

You add a link to your web page – this could also be a “Make Payment Online” button.

Your customer enters the payment information and actively checks the “Accept Service Fee” check box.

The credit or debit card is charged in real time. Payment made.

Mobile using a mobile app

Your customers are using mobile devices more and more.

Simply Easier Payments provides payment pages formatted for mobile payments. In addition, we will provide you with your own mobile app. Customers download the app for free to make payments.

On the Phone with Your Staff

Your staff enters the payment information, explains the Service Fee (we can give you the script to do that) and checks the “Accept Service Fee” check box for your customer when they verbally agree.

The credit or debit card is charged in real time. Payment made.

When Do You Get the Money?

All money is handled by our banking partner.

In most cases, funding occurs as outlined below.:

1. Deposits are made next business day for all card types except American Express.
2. American Express payments deposit on the second business day.
3. ACH payments deposit on the next business day.

Note: In some cases, all funding is on the second business day.

Automated Billing of Monthly Payments

In addition to taking payments online and over the phone, we can also automatically bill your customer’s monthly payments.

Talk to a Real Person to Learn More or click Get Started Now.

Call Duke Williams at 800-768-0907. Or e-mail: [bws_contact_form].

Is This Legal? Always a good question to ask. Check out the link for more detail, but the short answer is it is as long as we set you up correctly.

See Frequently Asked Questions…