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Legal Time Billing Software

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A New Way to Get Paid — Announcing Bill4Time Payments!

May 11, 2021 By Dan Bowman Leave a Comment

Introducing Bill4Time Payments

Get paid faster with Bill4Time Payments and enjoy the convenience of an all-in-one solution. 

Over the past year, we’ve watched our customers and their firms adapt to the many challenges that COVID-19 has presented. As we enter into a potentially brighter future, we at Bill4Time are honored to continue building new features to help our customers in the new normal and next normal. 

Today we are beyond excited to introduce Bill4Time Payments! Whether a firm is staying remote, returning to the office, or operating in a hybrid capacity, getting paid is paramount. The reliance on clumsy paper checks and outdated billing habits are major challenges for law firms as they try to grow.

Bill4Time Payments allows you to streamline your payments process, collect more on the dollar, and gain financial clarity right within Bill4Time, all with 100% ABA and IOLTA compliance. To celebrate the launch of this game-changing feature, we’re offering a $150 cashback bonus when you sign up now. The cashback bonus will be transferred to your connected operating account after you accumulate $150 in transaction fees for payments received using the new Bill4Time Payments, so there is no risk to give it a try. Here’s how the new Bill4Time Payments works, and why you should enable your free payments account today. 

Get Paid Faster, Collect More, Delight Your Clients

With Bill4Time Payments, you can let clients pay you the way they pay for everything these days — virtually. Your clients prefer a digital payment option, in fact, 78% of them want to pay you online! If you’re still waiting on paper checks, you’re missing out on the speed and financial freedom you get when collecting fees instantly online.   

Get started on your clients’ case quickly by accepting fees instantly, upfront. Providing a “Pay Now” button on your invoices allows your client to pay up to 70% faster than the industry average of 94 days. Providing multiple options such as credit card or eCheck gives your client the freedom of using their preferred payment method.

Needing an attorney comes with its own load of stresses, paying them should be the easiest part of all. The fewer administrative tasks you give your clients, the happier they will be. Clients can save their payment information right within Bill4Time Payments, giving you the flexibility to request instant payment from their account, whenever necessary. No more repetitive forms to fill out and keep tabs on. Even better, giving clients an online payment option results in faster payments, which means you and your team can spend less time tracking collection efforts and following up on overdue invoices. 

Streamline Payments and Get Financial Clarity 

Humans make mistakes, don’t let them make one with your money. Reduce the risk of human error from cash or check deposit data entry, and reduce or eliminate the time spent doing manual payments data entry altogether. Allow Bill4Time Payments to speed up and handle the bookkeeping for you.  

With Bill4Time Payments, you can easily access a clean set of payments data which you can use to stay informed about your firm’s financial health. Receive live insights and track every step of the payments process from the initial invoice to final payment receipt. Does your mailbox send you those analytics?  

Save with Industry-Low Pricing

Every penny counts when it comes to collecting your invoices and with Bill4Time Payments you’ll save tons each month. We offer the industry’s lowest pricing on compliant payments with zero monthly membership fees, only a 1% eCheck transaction fee, and transparent 2.9% pricing on all credit cards regardless of card type. 

Think you know what you’re paying to another processor? You may be surprised as many processors have additional fees or bracketed rates for different card types. If you would like to see if Bill4Time Payments will provide savings to your firm, we are happy to provide a rate comparison free of charge. The majority of the time we find that our rates beat other processors and our customers are often surprised to learn what they are really paying to process payments. 

Enjoy the Convenience of a Compliant, All-In-One Solution 

If you’ve already placed your trust in Bill4Time, why hand your payments data over to a third party? We take data security seriously, that’s why Bill4Time uses 256-Bit encryption and has around-the-clock security monitoring.   

When choosing a payment processor, it’s important to keep compliance in mind. Using a payments processor designed specifically for the legal professional is the best way to ensure both Trust and PCI compliance. Bill4Time Payments is 100% compliant with IOLTA, the ABA, and lawyers’ online payment rules in all 50 states. Operating account payments are available now and trust account payments will be available in June!

Trust account funds are always protected from third-party access and trust and operating funds are never commingled. All processing fees are taken out of your default operating account even for trust payments. Should your client ever initiate a dispute on a transaction, all chargeback access is also directed to the operating account even for trust payments, ensuring that you are always 100% compliant with the ABA Rules of Professional Conduct and the trust payment rules promulgated by all 50 state bar associations. Our team also provides chargeback assistance at no additional cost so you will always feel supported by the Bill4Time team you trust.  

Activate your account today 

Ready to start accepting payments online using Bill4Time Payments?  If you’re already enjoying the benefits of Bill4Time and would like to activate Bill4Time Payments, you may begin your application. Sign up now and a $150 cashback bonus will be transferred to your connected operating account after you accumulate $150 in transaction fees for payments received using the new Bill4Time Payments. If you’re not currently a Bill4Time customer, sign up below to schedule a free customized demo.

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