Options For Electronic Payments By Check
I am the collector for a small, member operated yacht club. We send out about 500 invoices a year and are looking into creating some electronic documents (PDFs and QuickBooks invoices) that will allow our members to pay their various fees directly and on line.
The club executive board has decided that we do not want to accept credit card payments as the roughly 3% overhead is outside of our budget and we are not that pressed to accept payment that way. Payment by electronic check was initially looking pretty good as it is flat fee based ($0.50 per) and our invoices are few but pretty high.
I really liked the looks of the Intuit Payment Network. Their cost structure is perfect and they provide some very useful tools that we we could incorporate into our documents. However, there is big problem.
Intuit has made it very clear that they will not allow annual payments to be made through their system (why not?) and about 60% of our invoices are for exactly that - annual dues and mooring fees.
Can anyone suggest a similar program, with similar fees, that does not quibble about what our billing cycle is?