PaymentXchange  |  How it Works  |  Why PaymentXchange?

Telephone payments. Simplified.  

PaymentXchange gives customers with checking accounts the ability to pay you electronically. PaymentXchange is ideal for companies, municipalities, or other organizations that accept a large number of transactions by phone.

• Customers provide their bank routing and account numbers to you over the phone.
• Customers give you verbal authorization for the transaction.
• Funds are electronically collected from your customer’s account and deposited into your account.

Features

• Convenient for you and the customer.
• Reduces the risk of returned checks.
• Less paperwork.
• Immediate payment.
• Simplifies collecting past due checks.
• Lower transaction fees.
• Increased sales.
• Improved cash flow.
• Helps reduce fraud.

Benefits

• Convenient for you and the customer.
• Reduces the risk of returned checks.
• Less paperwork.
• Immediate payment.
• Simplifies collecting past due checks.
• Lower transaction fees.
• Increased sales.
• Improved cash flow.
• Helps reduce fraud.