Checks and ACH’s Most Popular Method of Paying for OOH

Most out of home companies allow clients to pay by check, ACH or credit card.  Here are the results of yesterday’s Billboard Insider’s reader poll:

 

 

 

 

 

 

 

 

 

 

 

96% of our Billboard Insider readers allow clients to pay by check.

83% of Billboard Insider readers allow clients to pay via ACH.

72% of Billboard Insider readers allow clients to pay by credit card.

Marin Ventures Grant Leschin says lock boxes and ACH’s make sense.

Regarding checks, you may also want to mention the availability of a “lock box” from the bank. I’m sure you’re familiar with it…but your readers may not be. It eliminates the “going to the bank”, or “sending it to the bank electronically” process. Fees range depending on the volumes and bank. We have used this process for decades in the commercial real estate business…great time saver for the A/R folks!  You may also want go deeper with the ACH…how to set up monthly recurring ACH withdrawals from a Clients account. Another big time saver.

 

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One Comment

  1. Nobody mentioned wire tranfers? It’s faster than ACH.

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