FEX EPS - Accept Online Payments
Accept Credit Card / Debit Card / ACH payments from your customers!
The FEX EPS (Electronic Payment System) solution is a full service automated debit and credit system. It allows you to collect your loan account payments by securely deducting them directly from your customers checking, savings, credit card, debit card or pre-paid debit card account. FEX EPS was designed to help BHPH dealers significantly reduce the cost and time associated with the handling and processing of paper checks, as well as added convenience for your customers.
Other Key Features
- Seamlessly integrated with FEX DMS. Credit Card / Debit Card / ACH payments are taken from the same screen as all other types of payments.
- Take payments over the phone, at the payment window or over the Internet.
- Safely and securely store payment method information (ie., checking acct, credit card, etc)
- Setup recurring payments using the FEX EPS system. The system will automatically debit customers account on their scheduled payment date.
- Setup convenience fees for each payment method
- Define Payment Parameters based on Web Payments or Automated Payments
- Determine what payment methods will be accepted (Credit Card, ACH, Debit Card)
- Determine what type of payments your customer can make: Payoffs, Down Payments, Misc Fees, CPI Payments or Side Loans
- Set whether the customer can pay ahead
- Set whether the customer can schedule payments and how many
- FEX EPS reporting allows you to monitor all FEX EPS transactions so you can see what payments have been disbursed to your checking account. Also track all scheduled FEX EPS transactions.
Integration with www.myfexaccount.com: Your customers can login to their FEX PAY account and make payments without ever calling you! Customers have basic access to their loan information which includes viewing payment history, current payments due and can even post a payoff, if allowed!