Streamline your accounts payable process and eliminate the hassle of writing cheques each month.

• Manage your cash flow more effectively by preserving capital.
• Avoid late payments and save on postage.
• Improve merchant relationships and secure preferred pricing by ensuring prompt payment each month.
• Save time and allow yourself to focus on the things that matter most.

Learn More About Automatic Bill Payment

How do Automatic Bill payments work? How do I get started? View payment options What information will the merchant request? View a directory of merchants

How do Automatic Bill payments work?

An automatic bill payment pre-authorizes a merchant to automatically charge your MasterCard BusinessCard Card account on a regular basis. Payments may be made monthly, weekly, quarterly, etc. - depending on what you and the merchant agree upon. The pre-authorized payment can be a fixed dollar amount, or it can fluctuate like your phone bill, depending on the terms of the agreement. And, you can stop automatic payment at any time or use this payment method indefinitely.

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How do I get started?

Simply view a directory of merchants, select a category, and contact your service provider within the category to set up your automatic bill payment.

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View payment options

Payments may be made monthly, weekly, quarterly, etc. - depending on what you and the merchant or service provider agree upon. The pre-authorized amount can be a fixed dollar amount, or it can fluctuate like your phone bill, depending on the terms of the agreement. The plan is flexible, too - you can stop your automatic bill payment at any time or use this payment method indefinitely.

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What information will the merchant request?

Generally, the merchant will need your account number from the front of your MasterCard card. They will also need the expiration date, the dollar amount they are authorized to automatically charge, and the specific date you wish to be charged each month. Note: Not every merchant will allow you to choose this date, but many will. Some merchants may require additional information, such as your signature.

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View a directory of merchants

Contact your service provider at the phone number on your account statement in order to set up an automatic bill payment with your MasterCard card. Note that payment options may vary based on merchant locations.

See the examples of the types of merchants that accept recurring payments below and contact your service provider to inquire about their involvement in the automatic bill payment program with MasterCard.

Merchant Examples:
Telecom Services
Utilities
Insurance
Internet Service Providers (ISP's)
Fleet Expenses (transportation and gas)
Office Supplies on Account
Periodicals (magazine, newspaper, etc.)

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