{"id":16957,"date":"2024-03-11T19:14:30","date_gmt":"2024-03-12T01:14:30","guid":{"rendered":"https:\/\/nqzw.com\/?p=16957"},"modified":"2024-09-03T13:57:09","modified_gmt":"2024-09-03T19:57:09","slug":"9-ways-to-make-online-payments-better-in-your-law-firm","status":"publish","type":"post","link":"https:\/\/zebraworks.com\/en_gb\/9-ways-to-make-online-payments-better-in-your-law-firm\/","title":{"rendered":"9 Ways to Make Online Payments Better in Your Law Firm"},"content":{"rendered":"
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Accepting credit card and ACH payments is no longer an exception for law firms but everyday business. Here are the most important improvements that I\u2019ve seen have the most significant impact in law firms:<\/p>\n

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  1. Client Experience:<\/b> make it easy for your clients<\/a> to pay by remembering their contact and payment information. They\u2019ll pay faster and more consistently if they don\u2019t have to re-enter their information every time. <\/li>\n
  2. Eliminate overpayments:<\/span><\/b> it\u2019s frustrating dealing with overpayments. They\u2019ll never happen when clients are choosing from a list of outstanding bills where the math is done for them. Of course, still need to make it easy to enter partial payments \u2013\u202fjust no overpayments.<\/span><\/span> <\/li>\n
  3. Autopay<\/span><\/b> is the best way to eliminate A\/R, and it works wonders in small business and consumer practice areas. New bills are automatically processed against the credit card or ACH on file, either immediately or after a set number of days.<\/span><\/span> <\/li>\n
  4. Add autopay to your engagement letters: <\/span><\/b>take it to the next level by requiring autopay from day one in appropriate circumstances.<\/span><\/span> <\/li>\n
  5. Evergreen trust accounts <\/span><\/b>are another brilliant way to eliminate A\/R. Automating it avoids all the manual tracking that prevents wider use in firms.<\/span><\/span> <\/li>\n
  6. Fast deposit clearing: <\/span><\/b>electronic payments are all about getting paid faster, and that includes how quickly they clear the bank. These days, you should expect credit card transactions to be deposited in one day. Quick clearing also eliminates confusion around the paid status of accounts.<\/span><\/span> <\/li>\n
  7. Credit cards and ACH <\/span><\/b>integrated together so you only have one deposit reconciliation and one payments system to manage. Give equal footing to lower-cost ACH transactions.<\/span><\/span> <\/li>\n
  8. Fees invoiced separately: <\/span><\/b>Your deposits come in for the full amount, matching the bills they\u2019re paying. Credit card fees invoiced separately keep the accounting simple.<\/span><\/span> <\/li>\n
  9. Simple pricing <\/span><\/b>that everyone can understand. Merchant accounts are purposely confusing. Flat rates with no additional transaction fees or network fees so it\u2019s easy to see what\u2019s happening. Low-cost ACH transactions.<\/span><\/li>\n<\/ol>\n

    You no longer need to be tied to a first-generation, traditional legal merchant account. We\u2019ve listened to our firms and created <\/span>PayQ NextGen Online Payments<\/span><\/a> for a better online payment experience.<\/span> <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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    Author<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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    Bill Bice <\/h3>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
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    CEO | nQ Zebraworks\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t
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    Recognized as a legal tech industry visionary, receiving Thomson\u2019s innovator of the year award. Founder of ProLaw Software (acquired by Thomson Reuters), West km (used by 70% of the top 1000 law firms worldwide) and Exemplify (acquired by Bloomberg Law).<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"

    Accepting credit card and ACH payments is no longer an exception for law firms but everyday business. Here are the most important improvements that I\u2019ve seen have the most significant […]<\/p>\n","protected":false},"author":23,"featured_media":16108,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[],"class_list":["post-16957","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/posts\/16957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/comments?post=16957"}],"version-history":[{"count":0,"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/posts\/16957\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/media\/16108"}],"wp:attachment":[{"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/media?parent=16957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/categories?post=16957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebraworks.com\/en_gb\/wp-json\/wp\/v2\/tags?post=16957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}