A faster, easier way to pay.
Give your customers faster access to payments, reimbursements or other funds. With options like Direct to Debit Card and Direct Deposit, you can improve customer satisfaction and eliminate the need to collect, retain and/or manage customer payment information.
Provide customers electronic payment options
Format PreferPay™ to match your company’s branding
Maintain your existing treasury relationship
If paying individuals is part of your business, contact us to find out how CommercePayments™ PreferPay™ can improve your customers’ experience while streamlining the back-end processes and reducing fraud risk. And, it’s the only solution of its kind backed by Commerce Bank’s stability and service.
Fast payment options.
Pay your customers the way they want to be paid. Payment options include:
- Direct to Debit Card: Customers can have their payment pushed directly to their Visa® or Mastercard® debit card. With this method, customers receive their funds in as little as 30 minutes.
- Direct Deposit: Customers receive funds in their bank account within 2-3 business days.
- Check: Customers can choose to have a check mailed to their home address for a more traditional method of payment.
Flexible across many industries.
The best part of PreferPay™ is its ﬂexibility across multiple industries. From refunding customers to rewarding employees, PreferPay™ can be used for any payment to any individual.
- Student financial aid disbursements
- Legal settlements
- Recruitment reimbursements
- Customer refunds
- Factoring payments
- Landowner payments
- Incentives & rewards
- Whatever your business needs
Discover what CommercePayments™ can do for your business.