They do this using the same reliable and secure financial network used by all the US banks. The payments go directly from a customer’s checking account into the Non-Profit organization’
Key benefits of Duccats Payments are:
● Secure - Industry standard security and encryption are used end-to-end. Banking industry security standards are followed for the entire process.
● Private - Information provided by customers/members is the same as writing a check. All customer/member data is encrypted, and transactions occur only between Duccats and the member’s and organization’
● Reliable - The bank network used is reliably processing billions of payments every day for the US banking system.
● Economical - Improved regularity and timeliness of member/customer payments will significantly improve organization's cash flow. Minimal processing fees are roughly half the normal discount rate charged for credit/debit transactions.
● Sustainable - Electronic payments and reporting eliminate the need for paper.
● Duccats Payments are processed exclusively through the National Automated Clearing House (ACH) network. The ACH Network provides a safe, secure, and reliable network for direct account-to-account consumer, business, and government payments. Annually, it facilitates billions of Direct Deposit via ACH and Direct Payment via ACH transactions.
● Duccats is initially supporting weekly or monthly regular automated payments from member/customer checking accounts directly into the organization’
● Members/customers sign up on a paper form that will allow them to specify the payment amount and the begin and end dates for their automatic payments.
● Organizations will receive Secure PDF Reports via email showing the details of all transactions.
● Members/customers will see their payments as Duccats transactions on their regular bank statements or on-line bank inquiry.
● There are no setup, recurring, or periodic fees. The payment processing fee is a flat percentage of the payment amount, and this is the only fee your organization will pay. Interested organizations may contact Duccats for the current competitive rate.
● It’s very easy and quick for organizations to get up and running with Duccats Payments. PDF forms are available for accepted alpha release organizations.