We know it is a difficult industry to find a payment processor willing to handle accounts. At Bee Pay we specialize in payment processing for your industry. Our comprehensive servicing manages all aspects of collecting payments and disbursing funds, eliminating the frustration of payment collections. We collect funds by electronic debit on the payment due dates and we disburse funds to you—Daily. the frustration of payment collections. We collect funds by electronic debit on the payment due dates and we disburse funds to you—Daily.
We collect payments directly from your clients bank account and send them to you.
We can help keep you compliant by holding your funds in trust until your work is completed.
We disburse your funds, daily, directly to your bank account.
We provide you with comprehensive statement of funds collected, amount disbursed to your company, servicing fees & escrow deposits.
Complete CRM software integration to prevent double data entry. Payment data is automatically sent & received.
24/7 secure access to Payment disbursement statements, payment histories, delinquent reports and projected cash flow reports.
As you know, the FTC and CROA have been cracking down on Debt Validation companies to ensure compliance. It is recommended Debt Validation companies do not allowed to charge an upfront fee for their service. But to do the work and then try to collect will put a company’s funds at risk. We offer a solution to the Debt Validation service industry.
Bee Pay is a payment servicing company that specializes in industries that are not allowed to charge an upfront fee for services. We have several Debt Validation Companies using our integrated escrow payment servicing. We can draft your payment and hold it in our FDIC insured third party escrow account and release your funds after your first round of work is completed.
Most Debt Validation service companies find charging a small monthly amount, rather than a full fee, will help build trust with your client in addition to ensuring that they are working with someone who is both serious about solving their debt problem and able to offer affordable pay as you go services.
Of course, you want to collect your payments with as little hassle as possible. The easier you can make it for clients to pay you, the more likely you are to get paid—and get paid faster. With Bee Pay payment servicing, you can setup an easy to afford payment schedule and have your fees automatically drafted from your client’s bank account. Our system will also send email reminders before processing payments, ensuring deductions are made on the scheduled due date. This guarantees you receive on-time payments, enhancing your overall payment experience.
Debt validation is simply the act of demanding that a credit agency prove that you owe a specific debt. The right to debt validation is protected under the Fair Debt Collection Practices Act.
Bee Pay is a platform powered by Bee Pay LLC. It focuses on providing compliant payment servicing solutions. Our goal is to streamline the process of handling payment collections and disbursements for both new and existing accounts, removing any frustrations along the way.
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