Top 5 Reasons Why Businesses Should Use ACH Payment Processing for Recurring Payments

Base Insights

Written by Rob Kennedy

Accounts Receivable Management business models are based on collecting high-velocity payments quickly and accurately. Reduced time and effort on each account equates to better margins and profitability. With a merchant account from Base Commerce, you gain a partner dedicated to helping you maximize your efforts and maximize your bottom line.

Accept More Payment Types

Your revenue comes from consumer payments within your payment channels. But not everyone can pay with the same payment types. Fortunately, we give you the ability to accept and process payments in many forms:

  • Debit and Credit cards
    • Visa, MC, Discover and AMEX
  • Prepaid cards
  • HSA and FSA
  • ACH transactions
  • Single and recurring scheduled payments

However, debtors need to pay you we can help. This creates fewer headaches for you and more settled accounts in your portfolio.

Reduce Fraud and Chargebacks

Many payment processors consider collection agencies to be hard-to-place businesses. This comes in part because of the higher probability of fraudulent or dishonored payments. Base’s payment security technology allows you more confidence in the payments you are receiving. We identify and reduce fraudulent payments through a variety of technological processes, and reduce your chargebacks with payment verification on which you can rely. Fewer returned payments and chargebacks mean more reliable revenue for your business.

Lower Your Fees

A side effect of the hard-to-place category is higher fees for each transaction you process. Base Commerce can help you with that too. Many of the payments we help you accept bring lower fees than card processing fees. Even those can be decreased with our interchange-based fee structure that both reduces your fee uncertainty and gives you protection against the amount you pay for particular transactions along the way. With that peace of mind and economical structure comes better planning ability and control of your profit margins.

Get Faster Settlement

Finally, when time is money, you need to worry more about not only how quickly you can collect payments, but how quickly those payments get settled for you. Taking a payment immediately and then waiting several days to gain access to the payment amount hampers the cash flow you need to maintain operations. Base Commerce offers next-day settlement for your collections, giving you a much fuller, freer cash flow on which you can rely when making business decisions or navigating emergent needs.

Base Commerce No-Cost-to-Biller™

Base’s No-Cost-to-Biller™ solution is an integrated model of processing that allows collection agencies to process credit cards, debit cards, HSA/Flex cards and ACH transactions for FREE. To ensure compliance, this solution was developed in collaboration with FDCPA experts and industry leaders in compliance.

Whether the transaction is processed through an agent, web portal, or IVR, a service fee is assessed for each transaction. For example, if your consumer pays $100 with a credit card, the principal amount of $100 is processed by your agency and the service fee is processed by Base Commerce. The service fee is charged as a separate transaction and subsidizes your agency’s processing cost, which means your payment processing is FREE. Partnering with Base Commerce is the best way for an agency to safeguard against FDCPA liability when assessing a service fee. We have strong banking relationships that encourage our processing model and strongly support our secure solution.

Running a collection agency makes you acutely aware of the need for both reliable payments and smooth cash flows. Base gives you the ability to run your business with better margins, more certainty, and lower costs than most of our competitors will provide.

Contact us at to learn more.

Request more information