Mint Recurring Payments
Bill your customers’ automatically on a recurring payment schedule. Recurring Payments is a perfect solution for businesses billing customers’ for subscriptions, memberships, usage or on an instalment payment plan. It is also a cost effective method for billing customers’ on a regular basis by reducing overheads associated with collecting payments.
Streamline administration
Collect recurring fees such as membership fees and reduce administration and paperwork costs involved in collecting payments
Offer convenience and build customer loyalty
Extend the buying power of your customers for large purchases or provide subscription access to online material, accept time payment for goods or services, and encourage repeat business
Extend the buying power of your customers for large purchases or provide subscription access to online material, accept time payment for goods or services, and encourage repeat business
Improve profitability
There is no need to manually enter payment details each time you bill your customers. Mint Recurring payments frees staff to focus on other areas of the business rather than repetitive and error-prone tasks.
There is no need to manually enter payment details each time you bill your customers. Mint Recurring payments frees staff to focus on other areas of the business rather than repetitive and error-prone tasks.
Set and forget
Payments are processed automatically, meaning you don’t need to chase your customers’ for payments. You are notified as each payment is processed.
Features
- Secure logon
- Security protected refunds
- Email receipting
- Merchant named reference fields
- Payment history
- Real time reports
- Level 1 PCS-DDS Compliant
How it works
The customer simply completes a web form and authorises the payment, and Mint will process the first payment. If it’s successful, the payment sequence will be reported to the secure, off-line Mint system. When the next payment is due, the system will automatically process the next payment.
Mint also allows a merchant to import a file of recurring payments already authorised by customers, or to manage individual payments.
Almost any combination of rules for recurrence can be applied to a payment - including daily, weekly, monthly, annually. Authorisation and payment details are stored securely offline. All transactions are encrypted with 128 bit SSL.
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