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DMS Direct Withdrawal Module

Process electronic bank withdrawals and monthly credit card charges automatically...

The Direct Withdrawal Module in DMS allows for the automatic payment of some or all of a customer's outstanding balance. Automatic payment can be accomplished by charging their credit cards or via a wire transfer withdrawal from the customers bank account.

The amounts that are charged to a customers account can either be the entire outstanding balance or for an amount not exceeding a limit set by that customer.

Open Invoice customers can also be setup to charge only their reoccurring rates from any installed product.

After your clients have been identified and setup, the direct withdrawal program is typically run a few days after each close. The direct withdrawal program allows you to validate the credit card and wire transfer information prior to posting the batches. After the validation process, payment batches are generated and posted.

What is included in the Direct Withdrawal module?

  • Direct Withdrawal software including credit card processing. This uses the Visa Net / Vital format.
  • Bank withdrawals use the ACH (US) or CPA (Canada) standards.
  • Direct withdrawal user manual.

Are there any system requirements?

The hardware requirements needed to run Direct Withdrawal are listed below:

  • Any existing Pentium computer running Windows 95 or above and DMS.
  • External Modem (for credit card validation)
  • Analog phone line for the modem

How easy is it to get started?

The Direct Withdrawal software can be installed in just minutes.

  • The setup time per automatic withdrawal takes less than 2 minutes per customer.
  • Verify with your credit card processor to see if they support the VisaNet format.
  • Verify with your bank if they offer electronic banking via ACH or CPA formats.

What does my customers see?

A postcard / statement will show either the amount that would be with drawn or the maximum allowed. An example follows...

What are my costs?

DMS Direct Withdrawal module

  • Software                 $1495.00
  • Monthly support      $25.00

Note: If you do not have an external modem to support the credit card validation program, an additional modem will be needed and is not included in the above price.

Contact sales for additional information on getting started with the Direct Withdrawal module at your location.


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