As a private or group instructor, wouldn't it be nice to get all your checks from your students on the same day? Your students won't have to worry about getting their checks to you on time. We will do that for them. You no longer need to create invoices or track each student's payments. Your time away from teaching is yours to enjoy. With your students on one of our automatic payment plans you may even find that you have a higher student retention rate and fewer absentees.
If you have 50 or more students, our ACH service is for you. Your students will authorize an electronic withdrawal from their accounts to yours which will be debited on the same day of every month. We can provide this service for as little as $2 per check. This nominal fee could be passed on to your students.
If you have less than 50 students you can use DraftPay. We will create checks from each of your students' accounts to you and have it in your hands on the first of every month. Our service prepares a deposit slip for all checks printed. Simply endorse each check and make the deposit into your bank account. You will invest less than $4 per check. This nominal fee could be passed on to your students.
In addition to these two services, we can provide you with an electronic check recovery program, called eCollect. If a student's check returns, your bank simply forwards it to eCollect. We originate an electronic debit for the full amount of the check, and a separate debit for our processing fee. The student who bounced the check takes responsibility for the cost of collecting it, not you. You may receive payment within 14 days. You won't have to wait 30 to 60 days or more for your money.
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tailor our services to your needs.