I think it's this you mean.

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Note added at 2003-09-21 21:20:19 (GMT)
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You are enrolling in Direct Payment with your biller. The biller will automatically withdraw the amount due from your account. You do not have to write a check. You will continue to receive a paper bill. You will be notified on your bill when the service takes effect. Allow 6-8 weeks. All future bills will be paid automatically, not through this website.


The information you enter is immediately forwarded to your biller and not retained by this site.
To cancel the service, you must contact your billers directly. This website or e-mail through the site will not cancel the Direct Payment service with your biller. Click here for biller contact information.
You can change banking information by entering a new signup.
Your information is protected by a secure Internet site.
Click here to view our Privacy Policy regarding any personal information you may supply through the site.
http://www.directpaymentplan.com/

Cost/Benefit Analysis
Direct Payment


Description Item Cost Totals

PROMOTIONAL COST

Mailers $

Other Advertising $

TOTAL PROMOTIONAL COST $


TOTAL COST OF PREPARING ACH NOTICE $

(should be same cost as preparing invoice; no cost if payment
amount is the same each month)

FINANCIAL INSTITUTION COST

ACH Transaction (per item) $

Diskette/Transmission $

One-time or Monthly Charge for Shared Software $

Ledger Charge $

Other (returns) $

TOTAL PER ITEM FI CHARGE $

ANNUAL FINANCIAL INSTITUTION COST $
(per item cost x annual volume)

CUSTOMER SERVICE $
(customer exceptions)

ANNUAL FLOAT COST $
(total average days processing float x annual revenues x cost of capital)

DATA PROCESSING COSTS

Conversion to ACH (programming amortized over 5 years) $

Cost to Generate ACH Formatted Diskette/Transmission $

Cost to Capture Customer Information $

TOTAL DATA PROCESSING COST $

GRAND TOTAL OF COSTS $

TOTAL PER ITEM COST $

(total cost divided by annual volume)
in
http://www.mpx.org/Resources/payment.pdf


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Note added at 2003-09-21 21:21:33 (GMT)
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Direct Payment Useful areas Jump to...Home pageSite MapI am planning ahead...I\'m approaching retirement...I am retired...I am a provider/advisorI am an employerResource centreAbout usContact usA to ZMinimum Income GuaranteeDirect PaymentPension CreditSERPSWinterfuel- - - - - - - - - - - - - - - - - - -Cymraeg- - - - - - - - - - - - - - - - - - -Other websitesDept for Work & PensionsPension planningPensioners\' guide

What is Direct Payment?
How does it affect me?
How does it work?
Can I use an existing account?
What are my account options?
How do I open an account?
Can someone else collect my State Pension?
Other questions answered
Read or print leaflet

What is Direct Payment?
Direct Payment is the way State Pensions, War Pensions and benefits are going to be paid from April 2003.

Instead of the order books, girocheques or payable orders that you use at the moment, your money will be paid straight into an account of your choice at a bank, building society or the Post Office®.

All that\'s changing is the way your money is paid. Direct Payment will not affect how much money you receive, or how often you receive it.

If your State Pension, War Pension, benefit or Tax Credit is already paid straight into an account, you won\'t need to do anything.

If you currently collect your money by order book, girocheque or payable orders we will invite you to transfer to Direct Payment by letter and ask you to send us your account details.

The letter and an accompanying leaflet will explain your options and what to do next.

When your letter arrives, it will be relevant to your own circumstances, so please refer to it instead of this website.

Until then, go on collecting your State Pension or benefit just as you do now.

This website contains information for people who receive a State Pension and live in Great Britain.

For more information about Direct Payment or other pensions or benefits you receive, choose Veterans Agency for War Pensions or Department for Work and Pensions for other benefits.

People who receive a State Pension from Great Britain but live in other countries, please contact the International Pension Centre by telephone, email or fax.

in
http://www.thepensionservice.gov.uk/directpayment/home.asp



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Note added at 2003-09-21 21:22:33 (GMT)
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What is the Direct Payment Plan?

Direct Payment is a smart way to collect payments. It can save your company time and money, build customer satisfaction and retention, and improve your payment operation efficiency.

The Direct Payment Plan is a Check Assist application that allows consumers to have payments electronically withdrawn from their checking or savings accounts on a pre-determined date. The Direct Payment Plan uses the ACH (Automated Clearing House) and the Federal Reserve to process the electronic withdrawals.

How is the Direct Payment Plan used?

The Direct Payment Plan is used by consumers to pay recurring bills. These recurring bills can come from several sources including:

Dental Offices

Daycare

Tutoring Centers

Private Schools

Gyms/Health clubs

Karate Schools

Who uses the Direct Payment Plan?

More and more people select the Direct Payment Plan as their preferred method of paying their bills.
43% of U.S. Households have at least one bill paid automatically.
30 – 50% of all life insurance payments are paid using Direct Payments.
5 – 20% of all utility customers choose to pay using Direct Payment.
Benefits of the Direct Payment Plan.

The Direct Payment Plan will bring benefits to consumers, as well as businesses and financial institutions. With an already high level of consumer awareness and incentives such as postal rate increases Direct Payment Plans are becoming even more popular. Some of the benefits using a Direct Payment Plan are:

For the Company

Elimination of check handling and check processing
Elimination of costs associated with printing and mailing monthly bills.
Reduced delinquencies of receivables.
Increased member or donor retention
For the Consumer

Elimination of check, envelope, and postage costs.
Elimination of past due payments, late charges, or derogatory credit reporting.
Convenient bill paying for today’s hectic family

Please visit our reply page if you would like someone to contact you regarding the Check Assist Direct Payment plan.
http://www.checkrecoverysolutions.com/Direct_Payments.htm