Pre-Release of CCBill ACH Payouts
 

Is this a fake email??? April 1st?


Announcing the Pre-Release of CCBill ACH Payouts - Sign Up Now!

Dear CCBill Merchant,

We are very excited to announce that early sign up is now available for our soon to release, new weekly CCBill sales payout method, ACH Deposit, currently planned for a mid-June 2016 release.

As one of the only remaining industry payment providers catering to both merchants and their affiliates, we are adding ACH Deposit to your current payout delivery options as another automated, dependable and secure way for you to receive your weekly settlements. Simply put, CCBill can now transmit your weekly sales payments directly to your US-based bank checking, operating or savings account of choice each Monday*, and your funds will settle and be available to you and your business the next business day, on Tuesday. Weekly ACH Deposit has a transfer cost of $5.00 per payout, making this a cost-effective payment option, especially when compared to current FedEx and Wire Transfers fees.

To qualify for this new payout option, your weekly payout must meet the following requirements:
- USD currencies only
- US Dollar based Bank Accounts only
- US-based Banks only
- Minimum Weekly Payout: $25.00
- Maximum Weekly Payout Limit: $5,000.00

Please note: In the weeks when your payouts are over the $5,000.00 maximum threshold, we will automatically transmit a wire transfer for the entire amount of that week's payout, to your designated US Bank account on Monday* with a wire transfer fee of $15.00.

It is now even easier to receive your weekly CCBill payout! Other than your payout method, nothing else changes:
- You can continue to link accounts for ACH Payouts.
- Your CCBill billing period will continue to run from Sunday through Saturday.
- You can continue to depend on CCBill to pay on time, every week.

ACH Deposit will be available to CCBill merchants and affiliates as a payment option within the next few weeks. We do expect service demand to be high for this payment option, and there is a short 3-4 business day account processing timeframe, so sign up now.

To learn more about CCBill Payout options, please visit the Accounting and the Payouts areas of the CCBill Merchant Knowledgebase:
kb.ccbill.com

To request ACH Deposit for your CCBill account during this special pre-release period, you can complete and submit a new ' Payout Information Update' form, found on our CCBill Support Center: Merchant Support Center > Account Change Forms

You can also contact our 24/7 Merchant Support team at [email protected], by phone at 800.510.2859, or our online Chat service.

Thanks,

CCBill Management

*Payout schedules can change due to periodic US banking holidays. All efforts will be made to ensure timely next business day distributions, on the weeks when these holidays occur.

It better not be I just signed up....


congrats to CCBill for finally implementing this....about time!

Only $5.00 per payout!

$25 cheaper than wires per week! They charged $15 and my bank charged $15 for a wire and most banks don't charge for ACH

My bank charges .50 per ACH trans.

Sounds like great news for CCbill users.

well aren't you special! lol

Still a hell of a lot cheaper than a wire :2 cents:

I still remember opening my first check from ccbill and being annoyed that they charged me to mail it.

:1orglaugh:1orglaugh I love GFY! Someone starts a thread complaining about ccbill and 20 people complain about lack of ACH.. CCBILL announces they are doing ACH and all those that always complain about it don't say shit..

I thought this would be huge news.. A little late for me since my ccbill sales are less than 20% of my income these days but still nice that it will save me time and money.

what is ach?

is this for usa only?

direct deposit and if you read the post

I don't know about that... people have been complaining about this for 10 years :)

Good stuff anyhow!

hey I complained about it fr years and when they did it finally I spoke up and said thanks, even told them do in an email to my acct manager

Verotel has been doing ACH payouts for over a decade with no cost and have saved me thousands in fees!

Thank you Verotel!

No thanks. I can check my mail every Wednesday, still. :2 cents:

Now if they enabled these back then when it was still legal to have US ACH account, imagine the joy :D Now it completely useless, partly due as ccbill does not convert anymore as it used too, partly due inability to have US ACH account unless you deal with payoneer which i dont want to.

Verotel never discriminated me for being a south american person , long life to Verotel! :thumbsup

No, it works with the US-based bank accounts and you don't have to be the US resident to accept these payments, just need to have a bank account there. Actually that's a very useful thing because the transfers are usually very cheap and programs do them for $0.00.