RecurPay™

RecurPay is our recurring billing tool that automatically charges customers' credit cards on a recurring basis and/or presents bills electronically. This easy-to-use, web-based tool provides a secure means of managing accounts receivable, updating and maintaining billing information and improving cash flow.

RecurPay enables businesses to set up and schedule customers for electronic recurring payments. This powerful, intuitive tool uses Paradata’s Internet payment service to automate the credit card payment, billing and collection process for an organization at specified billing periods.

RecurPay is designed for businesses that want to encourage customers, members, constituents or donors to pay regularly or on an installment plan. Businesses depend on Paradata RecurPay to store and process cardholder credit card information securely.
 

Merchants That Will Benefit From RecurPay

Paradata RecurPay is designed for merchants that:

• Want to bill customers at regular intervals and/or accept credit card payments on a recurring basis.
• Want a secured revenue stream to improve cash flow and improve customer retention
• Want to encourage customers, donors, members or constituents to pay regularly without incurring collection costs
• Want to offer customers the option to pay for their memberships over time
• Want to move from a manual system to an automated system to save resources
• Do not want to store customer credit card information for security reasons
  (Paradata stores the information on secure servers)
• Prefer to work with a recognized payments company

Paradata RecurPay is ideal for the following types of merchants:

• Professional Services Companies
• Insurance Companies
• Not-For-Profit Organizations
• Associations
• Fitness and Health Clubs
• Internet Service Providers and Web Hosts
• Cellular Phone Companies
• Digital Media, Classifieds and Publications
• Sporting and Recreational Clubs
• Governments and Municipalities

Features

• 24.7.365 merchant technical support
• Automatically charge credit cards on a recurring basis
• Choice of multiple billing periods: weekly, biweekly, semimonthly, monthly, quarterly or annually
• Reduce time associated with processing individual transactions
• Update and maintain billing information through our easy-to-use web interface
• Automatically e-mail payment confirmation to customers (optional)
• Receive daily e-mail summaries of transaction results
• Receive e-mail notification of expiring credit cards and recurrences that will be ending
• Customize user preferences based on your business needs
• User interface available in English and French
• Export and import customer, transaction and recurrence information
• Access records and billing information from any location using secure login
• Allow customers to initiate a recurring transaction through a website
• Built in batch upload manager to setup multiple customers and recurrences at once
• Software developers kit available to automate the process of adding a recurrence

Benefits

• Simple, easy to use, secure, Internet-based interface
• Stand alone application, no integration required by the merchant
• Reduce collection and administration costs
• Increase donations for the not-for-profit sector
• Save time and money through easier account reconciliation
• Enhance reporting
• No phone line required.

Fraud and Security Protection

Paradata provides the best available security technology with 128-bit SSL (Secure Sockets Layer) encryption and fraud detection using AVS, CID and CVV verification services.