Common Questions & Answers

How secure is the data I enter on the system?

The financial data is securely encoded on our system and fully complies with all of the Federal Reserve electronic bank transfer requirements. The system is currently being used to securely process millions of transactions each year in other industries.

Can't I just use my bank to do auto payment transactions?

Most banks do not offer a web based auto payment system for small business to use. If your bank can provide you with a system, check to see if they can match the custom features of studioautopay.com. Even if they do, their systems tend to be cumbersome and time consuming.

Studio Autopay can charge both bank accounts and credit cards on the same system.

Studio Autopay is fully automatic. Most bank systems require you to manually prepare and send batches of account numbers to charge each month. This extra step means the business owner may have to do additional work each month.

Studio Autopay links to Quickbooks to make your accounting easier.

Features such as the ability to enter the one time charge of a registration fee and an ongoing tuition fee on the same transaction are designed to save time for a typical studio setting up payments.

Features such as the ability to resubmit paper checks automatically are not available on most bank systems.

What makes Studioautopay the best payment provider for the teaching studio industry?

Since 2004 Studio Autopay has helped studios across the country flawlessly process hundreds of thousands of transactions.

Only Studio Autopay gives you a proven “toolkit” specially designed to successfully introduce automatic payment technology to your new and existing students.

The Studio Owners Automatic Collections Toolkit Includes

• Proven “introducing autopay” letters you can customize on your computer to use at your studio
• Forms you can customize on your computer to use at your studio
• Information on explaining autopay when registering new students
• 3 powerful incentives to switch existing students from monthly payers to auto payers
• Answers to common parent questions
• Proven phrases that eliminate objections to autopay and increase student retention
• Other tips and ideas to reduce your studio collections by 90%

Does this system work for credit cards too?

The studioautopay system has the option of accepting Visa and MasterCard for payments in addition to charging bank accounts for additional $10 per month. The merchant fees for Visa & MasterCard are 2.3% of the amount charged plus .30.

Using this feature, you can accept credit cards for incidental fees throughout the year without the need to have a rented terminal machine and bulky receipt printer since all of the transactions are processed online.

I have more questions, can I contact you?

Please feel free to contact us with any questions at:

info@studioautopay.com or
call us at 1-888-238-0065

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