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PaymentXchange | How it Works | Why PaymentXchange?
PaymentXchange expands the payment collection potential of your business by allowing you to receive electronic payments from customers over the phone. All customers need is a telephone and a checking account. All you need is a computer with internet access.
- Customers provide their bank routing and account numbers to you over the phone.
- You key this information into the secure PaymentXchange online interface.
- Customers give you verbal authorization for the transaction.
- Funds are electronically collected from your customer’s account and deposited into your account.
- Complete audit trail.
- Customizable interface.
- Confirmation letters.
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