Automated Payment System

A recurring payment is an electronically processed automatic payment that repeats according to a preset schedule.

Automated payment system.

The customer s payment is fully protected under the bank regulations for electronic payments. Gaps is a secure web based service that facilitates the processing of vendor supplier or payroll payments in batches or single payments using secured https connections over the internet. Automatic bill payments occur over an electronic payment system such as the automated clearing house ach. Automatic payments have a couple of potential downsides.

Aps automated payment system aps is a fully automated internet based system suited to clients that have a need to process small and very high volumes of electronic funds transfers and collections. Whether by electronic fund transfer online card swipe or completely automated payments are convenient for parents and on time and integrated for providers. Publication 4990 eftps payment instruction booklet for business and individual taxpayers pdf pdf. It also gives you 24 7 online real time access to your account.

To enable automatic repeat payments a business needs to save a customer s credit card or. Eftps resources online and available for order by phone. Child care payments made easy. Businesses often set up recurring payments to collect fees for memberships subscriptions lessons and services.

The clearing house automated payments system chaps is a u k based system that facilitates large british pound denominated money transfers. Company details company limits and transaction banking details are verified. Publication 966 electronic federal tax payment system a guide to getting started pdf pdf. Customers enjoy the convenience of a set it and forget it payment option.

By using aps you will provide your customers with the convenience and security of having their payment transferred to you automatically. Gtbank automated payment system gaps gaps lite. Key functionalities and features. Multinational banks principally use chaps.

Tuition express is the most efficient and safest way child care payments can be made.