Credit Card Processing and
Recurring Billings
Collect money from your customers faster and more consistently.
Eliminate collections hassles.
BENEFITS
- Give your customers the ability to pay their bill on-line themselves - anytime.
- Collect balances due automatically each month with the recurring - autopay features. The monthly amounts are adjusted for each customer automatically as they add classes and as other charges are applied to their accounts (for example, registration fees, costume fees, ...).
- Customers can't "forget" to pay.
- Save hours each month. Process all receivables in minutes; stop chasing customers to pay their bill.
- Save money by not mailing paper invoices / statements. Your customers will get an email receipt each time a payment is processed.
- Improve your cash flow and have a better idea when revenue is coming in. Reduce your outstanding receivables balance.
- Credit card numbers are stored securely by a company ( Cybersource or PayPal) with a Cardholder Information Security Program (CISP) certified process. Helps eliminate your risk associated with storage of this sensitive data.
COSTS
- $30.00 per month
- Internet merchant account / payment gateway fees
Here is our most cost-effective and popular merchant account option:
Internet merchant account and payment gateway bundle -
Everything you need to process credit cards on-line and schedule recurring
billings for your customers.
- Monthly: $34.95
- Discount Rate (Visa, MasterCard): 2.2%
- Transaction Fee: $0.25
- Set-up: $199.95
We also support PayPal Payflow Pro
- Monthly: $59.95 + $29.95
- Set-up: $249.00 + $39.95
- requires an existing Internet merchant account
Security Considerations
With emerging compliance standards from different card brands, it is critical that credit card numbers are stored securely by using merchant gateways that have implemented the newest data security compliance standards of the major card associations - including CISP and PCI. The Studio Director has partnered with two of the largest, most respected merchant gateway companies that specialize in storing and keeping your customer's credit card information secure (Cybersource or PayPal).
When evaluating software options, consider your risk of using software programs that store credit card numbers on your PC or on an Internet server that doesn't comply with these standards. The cost of Cybersource or PayPal may be slightly higher than other less secure options, but reducing the risk of fines from the card associations or losing the ability to process cards is well worth the additional cost.
"It's really cool to wake up in the morning and realize that a bunch of people enrolled in dance class, set up monthly payments, and paid their first session and reg fee... without talking to us on the phone. Over the next several weeks and months, we'll add another 800 student enrollments without increasing our office staff." -- Tiffany's Dance Academy, CA
Want to see a Demo? - click here to view a flash demo or to request an on-line demo version where you can see and feel how The Studio Director would enable the health of your studio. We'll send you all the information you'll need to try out the full featured demo system on your own, anytime. Contact us today to request a demo.