• At the time of purchase the consumer pays a convenience fee in order to complete the payment transaction
• The business pays no fees related to the cost of processing the transaction
• Transaction information uploaded to Paya through a variety of options (virtual terminal, payment gateway, API or batch file)
• Funds electronically debited from consumer checking account
• Funds electronically deposited into client's checking account
• No processing fees for client
• Free online reporting available for complete transaction tracking
• Secure payment method without any increased operating cost
• ISO maintains higher retention rates with merchants using no-fee processing
• Improved cash flow with expedited payments
• Eliminate banking fees and paper check handling costs
• Reduce bad checks
• Automatic notification and resubmission of NSF items
