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.