Childcare Tuition Collection
EZ-EFT Electronic Funds Transfer
Promote EZ-EFT at your center
with these proven marketing materials!
Childcare Tuition Express Payments
To help you increase EZ-EFT participation, we've developed eye-catching brochures and displays that explain the benefits and convenience of EFT to parents. These promotional materials will help you maximize EFT enrollment for your center. Ask your regional account manager for details.
Take the hassle out of fee collection! EZ-EFT makes pre-authorized payments a snap! Our unique EZ-EFT module stores account information, creates and transmits transactions, and posts payments – automatically! Just enter the parent’s credit card or bank account information into EZ-CARE2. Fees are then electronically collected on the due date - no keyboard data entry or payment posting required. Your time savings will be dramatic, and parents love the convenience!
Benefits
  • More reliable cash flow
  • Less administrative time and cost
  • Minimize collection efforts
  • Process credit cards and ACH payments without keying data into a separate system
  • Enhanced convenience for parents
Preschool Tuition Processing
Payments to be collected can be reviewed prior to transfer for processing.
More information: Call us at 800-220-4111. Or visit: www.ezcare2.com/moreinfo
Preschool Paymenet Processing
EZ-EFT Electronic Funds Transfer
Commonly Asked Questions
Do I have to allow both ACH and Credit Card Payment?
Although our software automatically handles either payment method, it‘s your decision what your center allows. Credit card transactions are somewhat more costly, but very popular with parents who may earn miles or other benefits. We believe it's advantageous to offer both and can help you use incentives to encourage ACH, to save money.
Can I use EZ-EFT with another bank or processor?
We‘ve established a relationship with CheckFree to perform the processing for our clients, and the EZ-EFT module works exclusively with them. They are a leading provider of such services, and experts in the field. They also offer the unique ability to process both EFT and credit card transactions with a single service. Many banks offer EFT and credit card processing but require separate software, data transmission and processing. By standardizing on CheckFree’s services we can provide the easiest and most efficient way to process these recurring transactions.
Does EZ-EFT require special equipment?
In order to protect the security of banking and credit card transactions, our processing partner requires data to be sent over their secure telephone network. As a result, you
must have an external serial modem and phone line connection on your computer – not simply an Internet connection. You can purchase an inexpensive ($25) external serial modem from us since not all modems are compatible.
How much does it cost?
There are some small, one-time software costs and implementation fees, along with transaction processing fees. Your EZ-CARE2 account manager (1-800-220-4111) will be happy to review pricing and answer your questions about EZ-EFT.
“We automatically collect 95% of our tuition, which can run $100,000 each month, on the day due. There's no double entry since the electronic payments are automatically posted to the family’s ledgers. We now spend less than an hour to do what used take more than a whole day! EZ-EFT is the answer to our dreams!”
Tiffany Harmon, Finance Manager,
Columbus Montessori Education Center
Understanding Our Various Credit Card Processing Tools
EZ-EFT is just one method of processing credit cards offered with EZ-CARE2. Which method is best for you depends on the type of processing you prefer. Here's a general summary of the tools we offer:
Tool
Primary Use
Other Considerations
EZ-EFT™
Preauthorized fee collection
Also provides ACH (bank account) processing
Online registration forms with payment options
Also provides forms for data collection as well as e-commerce “shopping cart”
Online parent-initiated payments
Payments made online via "smart link" in emailed invoices
One-time payments – staff entered
Eliminates need for credit card terminal and double entry of data
More information: Call us at 800-220-4111. Or visit: www.ezcare2.com/moreinfo