Article Link: http://exchangepress.com/article/using-autopay-for-child-care-tuition-payments-and-how-to-get-parents-to-go-for-it/5026046/
What if you never again had to have that awkward conversation with a parent about overdue payments, or worry about running that aging receivables report to see who needs a reminder email? What if late fees were so far in your rearview mirror, you could not remember the last time you had to charge one?
With an automatic payments program, parents authorize you to schedule and process payments using saved, secure payment accounts, so you can guarantee that you get paid on time, in full, every time.
Why Establishing Your Own Automatic Payments Program is Better than Bank Auto-drafts
We pay plenty of bills directly from our bank accounts on a recurring basis: mortgages, utilities, insurance, and more. It is easy to set up, it is convenient, and it is one less thing you need to remember to do. This is great when you are the payer.
When you are the payee, the benefits of being paid regularly are not all that you have to consider. When you pay your individual bills, you only have to worry about the money going out one time, to one place. When you are collecting tuition payments from a larger number of families, you now have to worry ...