FeeSynergy’s invoice and automated email reminders incorporate an instalment payment arrangement option which clients can elect via click through links to the firm’s payment gateway.
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FeeSynergy Online Payment Arrangement ticks all the boxes...
- When the client clicks on the instalment payment link, they trigger an email to a nominated person in the firm’s accounts receivable team.
- The AR team member then contacts the client to discuss what instalment payment options are best suited to the client’s outstanding debt and cash flow position.
- Typically, if the client needs say up to 10 weeks to pay the firm would manage this under an internal payment arrangement – perhaps on Direct Debit.
- If the client needed more than 10 weeks to pay the firm may offer a FeeSynergy fee finance option enabling the client to choose the loan term between 3 and 12 months.
FeeSynergy’s clever design ensures that the firm retains full control over instalment payment arrangements thereby avoiding the pitfalls of other third party online monthly finance offerings.
FeeSynergy Payment Gateway Questions
The FeeSynergy payment gateway is very secure. All sensitive client Credit Card or Debit Card information passes straight through to the Bank that is processing the transaction. The payment gateway is regularly independently penetration tested by Australia’s leading information security company.
Yes. This is a common requirement as many of our clients are structured this way.
Yes. In actual fact, over 95% of firms using the FeeSynergy payment gateway do not charge any surcharge.
Yes. FeeSynergy’s payment gateway differentiates between Credit Cards and Debit Cards. This is very important as Debit Cards attract a lower merchant fee than Credit Cards. In Australia it is illegal for merchants to profit from Credit Card or Debit Card surcharges.
The FeeSynergy payment gateway is a standard feature of FeeSynergy Collect however it can be purchased as a standalone application. Contact us for a quote.