Calculate estimated savings* using ACH Processing for Recurring Payments versus credit cards. Not only do you save money on payment fees but ACH
decline rates typically average 1-2% versus 10+% declines on recurring credit cards.
| 1 | Enter # of Customers being billed via credit card on monthly basis | |
|---|---|---|
| 2 | Average debit amount | |
| 3 | % of customers that are using business credit card. Enter 10% as 10 | |
| 4 | Current credit card declne rate. Enter 10% as 10 | |
| 5 | Estimated monthly costs to process cards and deal with payment rejects = | |
| 6 | Estimated costs if all customer were migrated to ACH | |
| 7 | Estimated monthly savings | |
| 8 | Estimated Annual savings |
*Calculation based on:
Credit cards-Blended rate of 2.5% for non commercial cards, 3.2% for commercial. Estimated cost to collect failed credit cards = 15% of debit amount.
ACH-flat .25 [25 cents per transaction] and $2 per return with 1.5% decline rate.
Contact us today to get started using recurring ACH processing.
