Does a prospective client have to qualify to sign up with EBPS?
In order for a prospective client to qualify, they must be issuing a minimum of 500 invoices per month. There is no minimum sales amount that a client must achieve as all pricing is based on the number of invoices issued. It does not matter if the average invoice amount is $100 or $1,000 since the cost of distributing an invoice is the same in both cases. The only difference to the prospective client is with credit card invoices where the merchant discount varies with the size of the bill. As with most pricing programs, the average cost per invoice will drop somewhat as the number of invoices distributed increases. Also, prospective clients must be in good standing with their bank and have a good credit profile. They will not be able to sign up if they have a history of writing bad checks (checks returned by the bank for insufficient funds) or otherwise have negative aspects to their banking relationships or in their credit profile. Each prospective client will be requested to sign an
