FAQs
Q1. Isn't it cheaper to just send a paper invoice like I've always done?
Paper invoicing will cost you time / money in the long run. With our system everything is being done from QuickBooks or online portal, which this process will free up your time to do other important projects.
Q2. How do I collect payment from my customers with ReceivePay™?
These payments directed to your will automatically be deposited into undeposited funds for QuickBooks.
Q3. What payment types can I accept using ReceivePay?
The types of payments that can be accepted are
ACH, Check 21, Credit Card Transactions, QuickBooks Integration for invoicing and email.
Q4. What applications does RecurringInvoices work with?
ACH:
Credit Card:
Q5. What is Straight-through-processing (STP)?
Straight-through processing (STP)
enables the entire trade process for capital market and payment transactions to be conducted electronically without the need for re-keying or manual intervention, subject to legal and regulatory restrictions.
Q6. What is Software as a Service (Saas)?
Software as a Service (SaaS)
is a software distribution model in which applications are hosted by a vendor or service provider and made available to customers over a network, typically the Internet.
Q7. What is PCI Compliance?
The Payment Card Industry Data Security Standard (PCI DSS)
is a proprietary information security standard for organizations that handle cardholder information for the major debit, credit, prepaid, e-purse, ATM, and POS cards.