LakeShorePayments.com

Recurring Billing

Bill payments in the U.S., including both recurring and one-time transactions represent approximately $1.8 trillion in direct expenditures. Regular billers such as associations, property management companies, utility and insurance companies represent a significant portion of these dollars. These industries share the common challenges of reducing costs for payment processing, integrating POS and Back Office systems, increasing the availability of funds and managing collection efforts. The recent and dramatic shift in payments from traditional methods such as cash or checks to debit and credit cards will continue to impact businesses across various industries and present new challenges to data security.

Lakeshore Payments offers recurring billing companies the tools they need to increase funds availability, improve collection efforts and reduce acceptance costs. We offer integrated solutions for credit, debit and check processing for consumer and business payments. Whether you require real time authorization or recurring billing capabilities, our virtual terminal application offers broad acceptance options along with the reporting features necessary to operate your back office efficiently. Our Interchange Management program focuses on optimizing each and every transaction and our Relationship Management team is dedicated to supporting your day to day operations.