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Why must payments be made by automatic draft or credit card?

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Why must payments be made by automatic draft or credit card?

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Over the years we found that many client payments weren’t coming in on time or sometimes not at all. It became so expensive to collect our fees that we began considering significant price increases. Our company decided, instead, to set up all the payments as electronic drafts or credit card drafts. In the final analysis, direct drafts succeeded in reducing late and missed payments and prices did not increase.

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