Automatic remittances: forget about the bank

In a business like yours, it is common to offer customers different payment methods: bank deposit, bank transfer, cash payment or direct debit through an account or debit/credit card.

It is in the latter case, that of direct debits, that you have to do extra work to manage the collection of the services enjoyed by customers who choose this payment method.
This is where remittances come into play.

At TIMP we have a tool called Remittances that helps you manage your users’ direct debits, and always with the goal of making your day-to-day life even easier , we have created Automatic Remittances, a new twist so that the amount of the direct debits arrives to your account on its own without you having to do anything.

You may already use remittances in your business, but just in case, before introducing you to the automatic version, let’s take a brief look at this concept so that you are clear on what they consist of.

A remittance is nothing more than a set of sales that you have made in your business grouped in a file that you send to the bank, so that it can charge your users and receive the total amount in your bank account.

These sales can include any service you offer to your clients: individual sessions, session vouchers, monthly fees, etc.

The advantage of a remittance, therefore, is the convenience of having all these direct debit sales grouped together to send them to your bank in a single shipment instead of one by one.
It is clear that this saves you a lot of work, and at TIMP you have always had this option within your reach.

But of course, you must remember to send it to the bank and do it manually from the panel.
It may seem a simple procedure, but taking into account that with this system you will later have to mark by hand in your panel the collections that have been successful and those that have given error when executing that remittance, it is easy to imagine the time it will take you to manage 200 collections in this way, to give a very common example in businesses like the one you manage.

If you add to all this your daily work at the center and various day-to-day tasks… believe us, you will be grateful that the process can be fully automatic.

Luckily that’s what we’re here for: said and done.

With TIMP’ s new automatic remittances you don’t even have to manually send the remittance to your bank, as you can program it so that the panel itself collects the remittance from the customers for you:

To achieve this, automatic remittances use Stripe, the most secure and reliable online payment platform on the internet.
It is Stripe who will be in charge of charging customers for the sales included in the automatic remittance.

Comfortable, isn’t it?

Since in this case the intermediary for the payment is Stripe, the only requirement to be able to use automatic remittances is to have in-app payments enabled in your center’s booking application: the payment method that allows you to integrate Stripe in TIMP.

If you already take advantage of the benefits of TIMP in-app payments for your business, it is time to simplify even more your collection management and bet on automatic remittances.
And if you have not yet enabled the in-app payment module, do so to take advantage of it and you will also be able to enjoy this new type of remittances.

Using TIMP’s automatic remittances entails the payment of a Stripe commission for the center, as is the case with any Internet payment gateway.

This is a very tight percentage that is worth taking into account the convenience of this type of remittance . for you, especially when you manage a large number of direct debit payments.
If you are interested we can inform you in detail about this small commission.

What are you waiting for to use automatic remittances?
If you have any doubts, please contact our support staff by phone or through the chat panel.

Learn more about TIMP remittances, both manual and automatic, by following these links: