Comments on: How to get started receiving recurring payments

Question: How to get started receiving recurring payments

bleeb — Mon, 23 Feb 2009 19:55:52 -0800

Can someone help me get started with recurring payments (receiving them, that is). I've got access to Miva Merchant. Will that help? I know Paypal can handle recurring payments, but I'm inclined to believe there are better and cheaper ways.

By: mmdei

mmdei — Mon, 23 Feb 2009 20:59:46 -0800

FirstACH is able to process recurring direct debit (check) transactions. Much cheaper than using credit cards. However, this isn't a good option for all business plans -- what is it that you will be charging for?

By: kookywon

kookywon — Tue, 24 Feb 2009 07:51:48 -0800

I set this up for my HOA this month. Call around to the banks in your area. I found a bank that would allow ACH debit. If you use the words 'ACH debit' they should know what you mean. My bank charges $25/month for the service and $.12 for each transaction. There is some setup and I do have to fill out a financial statement, but that's the best option I found.