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EFT allows for electronic transfer of funds from your patient's bank account directly into your account! This electronic transfer process is also known by the following names: Funds Sweep, Direct Debit, Direct Credit, and Direct Deposit, Automatic Checking, Automatic Payment, ACH Processing, etc.
EFT MEANS ON TIME PAYMENT
No waiting for patients to write a check. The patient's account is debited on the due date. Funds are then deposited directly into the clinic's bank account. No more "check is in the mail" excuses.
EFT MEANS LESS PAPERWORK
EFT reduces the need to stuff envelopes and mail invoices. EFT also means no opening of envelopes and running to the bank to make deposits.
EFT PROVIDES NSF CONTROL
Returned items are immediately identified and resubmitted electronically.
EFT IS SAFE
Payments can be made on specified dates and for specified amounts and are electronically tracked.
EFT IS AUTOMATIC & CONVENIENT
Once information is setup in the software, collection of funds becomes automated. Our processing center does all the work and deposits the collected funds automatically into your bank account.