What does eft mean in tanning

Those still have an active contract, but seem to forget about it. It is hard to run a business when you can't get the customer to stand up to their part of the deal. I still keep my lights on and the beds ready and the place staffed for them. Also, is it my manager's responsibility to go after the declined EFTs? By this I mean calling them nicely at first , writing letters, etc. Just a side note, I believe the manager got most of the May - June enrollees to sign up by saying they could cancel after a month's draw.

Well, the manager made their money the first month, but now the second month when the salon is to make its money, lots have not continued either by cancellation form or by having declined cc. Should I put a minimum number of months on an EFT contract, would that make it more meaningful to them? But, would it matter if they don't want to pay they just don't pay. Feeling abused here, Maggie P. Here is what I do. I am sure there are many others that operate differently. I am not in the contract business, but people do have to cancel a membership for it to stop drafting.

If an EFT declines we make a total of two phone calls. One at the first of the month and another on my cutoff date, the 25th of the month to tell them that it has to be paid NLT the 30th or it goes to collections with an added fee. If they have paid then it is dropped. If not paid by the 30th then the following happens. Account is canceled 2. Account goes to collection agency and I no longer own the account. This can be in person or online, and entails the swipe, dip, or entry of a card, during which account information is electronically received and a payment withdrawal is approved, then the payment is scheduled and processed within a day or two.

The internet version of tapping, swiping, or inserting a card involves manual entry into a point of sale field, followed by clicking a payment button. This process does the same as the above, processing an approval for payment, and then transferring funds for payment within a couple days. The ACH is a network of financial institutions whose intent is to provide security in the transfer of funds.

That means that ACH transactions add an extra day or two, but if speed is less important than security, this is a desirable option. One of the best features of the EFT is its security. While transmitting over the internet always involves an element of risk, EFT is generally considered a safer method of payment than a traditional paper check.

The best way to ensure a tamper-free EFT is to use companies that you know and trust, or come from a reliable source in the case of a recommendation. When it comes to payment, EFT has a lot to offer. This means EFT is a cost-effective solution so businesses save money. The low effort aspect is a financial benefit when it comes to time spent, but it also means employees can concentrate on larger issues since the details are taken care of through electronic automation.

The use of paper checks requires check printing and postage, both of which are extra costs. Personnel interaction is needed for these tasks, which means less gets done, or additional employees are necessary. A risk of mailing checks involves potential mail loss, or even interception of checks. Stop payment is a necessary expense in either of these cases. All of this is gone with an EFT. When using cash, an in-person transaction is required. Again, these risks are totally gone with an EFT solution, like a credit card.

High pressure bulb Help shed some light on natural breast cancer prevention. Source: VitaminDfoundation. Log Out. All times are GMT The time now is AM. All Rights Reserved. Privacy Terms of Use.

Back to top. Salon Discussion Find out what salon owners and industry professionals are saying about indoor tanning, and discuss anything related to tanning and salon operations. Page 1 of Last ». Solihull Rookie. Join Date: Nov Posts: Pink Super Star. Join Date: May Posts: By Megan Falk April 21, Save FB Tweet More. EFT tapping. Be the first to comment!

No comments yet. Close this dialog window Add a comment. Add your comment Cancel Submit. Close this dialog window Review for. Back to story Comment on this project. Tell us what you think