Payment Plan

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Payment Plan

For those customers where account delinquency is an issue, MyOnlineBill offers a Payment Plan module that is simple to set up, and easy to use. Especially useful as an intermediary step before sending to collections—or as a supplement to collections—this feature is quick and easy to set up in the Management Portal. This makes the process as painless as possible for the client with unpaid bills.

Benefits

Custom

Quick and easy for an Administrator to set up, Payment Plan allows for payment scheduling based on payment amount or frequency, with all the heavy lifting of calculations done in the background.

Flexible

We understand that, in the real world, bills aren’t always paid in full and on time, but our Payment Plan feature enables companies to provide a flexible plan that best fits their needs.

Comprehensive

Within Payment Plan, you have the option to add a convenience or installment fee to be added to the payment amount, while any finalized agreement automatically gets emailed to the customer for acknowledgment.