More payment options. More utility for your customers.
The utility industry demands that you give your customers what they need efficiently. MasterCard acceptance means that you can also give them more of what they want-more useful, convenient, and flexible payment options.
The MasterCard Utility Industry Program features a very favorable interchange rate* for qualifying one-time and recurring U.S. consumer credit MasterCard card, World MasterCard card and Debit MasterCard card transactions. And it makes it even more beneficial for your organization to accept MasterCard cards.
The program is a unique initiative that can have many efficiency-increasing, cost-saving benefits for your company, including,
- Greater customer satisfaction
- Reduced mail float
- Improved days sales outstanding
- Reduced manual processing for exceptions
- Ability to offer a convenient recurring payments option
- Enhanced e-Bill adoption
You Customers Benefit, Too
- Additional payment choices
- Enhanced convenience and control-no checks to write or mail
- Opportunity to earn rewards in eligible loyalty programs, for customers with rewards cards