To enhance our eServices offerings, ChildWatch brings you the latest in e-commerce. Give customers what they have come to expect - the convenience of electronic payments. ChildWatch ePay offers a secure and cost-effective option for your customers.
This payment method includes all major credit cards as well as debit cards. Credit cards offer instant validation to ensure
you will get paid.
Cards are entered by parents one-time through the parent portal. Each card is given a nickname for future reference. No swipe reader is used
and card information is safe as staff never take the card. Accepting credit cards are en effective way to reduce your oustanding A/Rs and get
your money into your bank account fast!
This payment method includes both checking and savings accounts. eChecks are simply an electronic means of using a regular bank account (business or
personal).
Parents one-time enter the numbers from the bottom of their paper check into their portal, save and voila! Parents can now make easy
payments with the touch of a button at the attendance kiosk (on-site) or the parent portal (off-site).
We're able to offer them for a couple of reasons. Firstly, we negotiated extremely low rates for our customers in the childcare industry. Secondly, parents pay a nominal convenience fee when making payments. This helps us to recover slightly from the low-priced merchant account. Nominal convenience fees are commonly accepted and help businesses like yours to experience tremendous savings.
To exemplify the savings you get with an RSI merchant account, it's important to understand what a typical account costs. Just to open a merchant typically has a setup fee which can range from $25 to $250. Ours is $0. Then there is the monthly fee, again whether any ePayments are made or not. This fee is typically $30-50 per month. Ours is just $5 (or $10 for both payment types).
The more ways you provide for parents to pay their bills, the more likely you will get paid on-time! Combined with eServices, our
ePay service allows your clients to pay from multiple accounts using any computer or mobile device at their convenience.
Parents can "push" payments to their account when on-site (attendance kiosk), or off-site (parent portal). With permission, you can
also "pull" payment (eDraft) at a time of your choosing for any outstanding balances which are unpaid.
ePay is fully integrated with your ChildWatch® account. Each transaction posts directly to the client ledger and updates the balance to provide detailed transaction reporting.
With ChildWatch ePay, there are no setup fees. Pay only $5/mo per payment method
you wish to accept (credit card and/or eCheck). With credit cards, there is also a small PCI-compliance fee (e.g. $7.95/mo)
mandated by the credit card industry.
These fees are charged monthly for having a merchant account, regardless of the number of transactions processed.
Per-transaction fees are charged for each transaction. These are fees your organization pays (gives up) per transaction (ePayment).
Whether you're processing credit cards or eChecks, funds are deposited quickly into your bank account. Typical deposit times are:
One merchant account is required for each unique bank account into which funds will be deposited for your business. If you have mutliple sites, but those sites share the same bank account, you would only require a single merchant account.
ePay is add only after establishing a subscription to ChildWatch. Once logged into your account, you are able to use the "Add-on Services" feature to start your ePay application. Most applications are approved within 7-10 days.