Gulf Management Systems Offers ACH Processing as a Significant Cost-Saving Measure to Businesses

 Alternative type of payment system capable of saving merchants up to 80-percent in comparison to credit card processing rates.

Gulf Management Systems, Inc., a Florida-based leader in the electronic payment processing industry, offers ACH processing to merchants as an alternative type of payment system, capable of saving them up to 80-percent in comparison to credit card processing rates. As a company, Gulf Management Systems delivers low-cost payment solutions to fit the need of a client’s business model, integrating and partnering with various business software to streamline operations and payment processing.

“Having evolved during the most progressive period of the electronic payment processing industry, we understand that businesses need an experienced electronic payment processor to provide them with customized solutions that will yield the most effective results,” says Charles G. Billone, President of Gulf Management Systems. “Indeed, recurring transactions have always been our forte, and as a leading provider of technology-enabled debit card, credit card, EFT, e-commerce and direct deposit services, we’re proud to offer ACH recurring payments applications as a cost-saving measure to merchants everywhere.”

Keeping a primary focus on growing and maintaining the success of a business through payment processing and direct deposit services via industry expertise developed over the 25 years it has been in business, Gulf Management Systems and its representative team stress that ACH is among the cheapest methods by which to accept payments, capable of saving businesses up to 80-percent in processing compared to credit cards. ACH processing and eCheck solutions accept payments directly from a client’s bank account, with Gulf representatives confirming that next-day deposits are now available.

ACH stands for Automated Clearing House and represents an electronic network for financial transactions in the United States, processing large volumes of credit and debit transactions in “batches.” ACH credit transfers incorporate direct deposit, payroll and vendor payments, while ACH direct debit transfers encompass consumer payments on insurance premiums, mortgage loans and other types of bills. Debit transfers also include new applications such as the point-of-purchase (POP) check conversion pilot program sponsored by the National Automated Clearing House Association (NACHA); both the government and commercial sectors use ACH payments, and businesses have increasingly used ACH payment software online to allow customers to pay rather than via credit or debit cards.

According to research conducted by Gulf Management Systems, the Federal Reserve Banks since 2005 have processed 60-percent of commercial interbank ACH recurring payments transactions, with the remaining 40-percent being processed by the Electronic Payments Network (EPN), America’s only private-sector ACH operator. The Federal Reserve Banks – through the FedACH system – are collectively the nation’s largest ACH operator.

Gulf Management Systems offers merchant solutions to all business types with a personalized and scalable approach, having increased productivity and savings for businesses since 1992 through its technology and payment processing solutions.

“We are committed to our customers by way of a customer service approach that’s unique from most payment processing providers,” concludes Billone. “Each account boasts a dedicated, hands-on personalized coach that supports them and who takes time to set the account up, learn about the nature of the client’s business and provide a detailed orientation to ensure the user is well-versed in processing, avoiding any errors or delays which contributes to their overall confidence as a merchant.

“Payment processing choices are constantly evolving, and that’s why merchants need an experienced electronic payment processor to provide them customized and up-to-date solutions that will yield the most savings for their organization. Whether a client owns a brick-and-mortar store, an account, e-store or software, Gulf Management Systems offers every business the industry’s lowest rates along with expert processing strategies.”



3 Simple Benefits that ACH Payment Processing Offers Business Owners

Perhaps you’ve heard about the savings or ease of ACH Payment Processing opposed to merchant credit card processing lately. Are you questioning if the benefits might be worth taking the risk? Here are the quick answers you are looking for:

Businesses can benefit from sending and receiving payments through ACH payment processing.  

Here are three benefits that might interest you further…

Ease of Use: When a customer pays by check, a business is typically required to wait for a mailed check to arrive, and then deposit the check with a bank. Oftentimes, a payment can get lost in transit and entry of these payments into a recordkeeping system can be labor-intensive. Electronic ACH payments are received quickly and reliably, and there’s no need to forward checks to the bank and wait a few days to find out which checks have bounced. 

Less expensive compared to plastic: For many businesses that accept payment by credit card, it costs less to process an ACH Transfer than it costs to take a credit card payment. 

This is especially true when a business consistently collects recurring payments from their customers, these savings add up, and automating these payments only increases the benefits. However, ACH does not give you a real-time approve/deny response like a credit card terminal would.

Long-distance payments: Businesses can accept payments by ACH remotely, although this can be done with credit cards too. If your customers don't have credit cards or they prefer not to send their card information regularly, ACH payments can provide a great solution.



RhinoFit Clients Save When Processing Direct Deposit with Gulf Management Systems


Gulf Management Systems, the preferred payment processor for the RhinoFit software, is offering RhinoFit clients a discount on payment disbursement to independent contractors.  This service provides direct deposit payouts for your personal trainers, coaches, instructors, or contractors who are working on a 1099 basis.

Direct deposit is an ACH transaction that is a safer than a check, since a check is passed from hand to hand and reveals your bank account information. With ACH direct deposit payouts, the money is electronically transferred into a bank account.

Direct deposit is an important perk that you can offer your trainers / contractors as it allows them to have access to pay on a specified day in their bank account.  Direct deposit can also be used for expense reimbursement, travel advances and any other form of payment. According to the Federal Reserve, 97% of consumers using direct deposit are very satisfied. It can be an excellent financial planning tool by allowing your contractors to divided their payouts into separate accounts. 

Switching your payouts to our safe and simple direct deposit solution saves you time and money by not having to write and pay for checks, allows payout to your contractors regardless of where you are on payday, and keeps your bank account information off a paper check that can get lost or copied. 

To get started, fill out the form provided below for more information.

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Client Spotlight: PayVision Online

 Cliff Meggers, PayVision Online

Cliff Meggers, PayVision Online


We had the opportunity to speak with Cliff Meggers of PayVision Online to discuss how Gulf Management Systems (GMS) has helped his business. 

GMS: You have been with GMS since 2002. What are some of the reasons you have stayed with us so long?

Cliff: First thing is the excellent customer service. The GMS team is very responsive and will always pick up the phone. If I have an urgent issue, I can get it taken care of right away rather than having to send an email or leave a message. Another reason is vendor loyalty, my relationship with Jeremy and Chuck has been strong since the beginning, very personal.  I have had no reason not to stay.

GMS: Great, we are glad to hear and we value you as well. In your industry as a payroll processor, you rely heavily on consistency and accuracy with the payments you process, how do you feel that GMS has helped with this?

Cliff: The 3 main reports I receive daily are always accurate and make my daily balancing much easier. I feel like GMS is intuitive to my business needs. Also, GMS is really hands on, if something seems off with a batch, you guys do pay attention and pick up the phone to make sure it isn’t an error. It gives me a second safety net to know you all are looking at things and not so automated like some of the newer companies.  

GMS: In what ways do the support we provide GMS assist in Payvision’s success?

Cliff:  Going back to the relationship, even in the first year and over the years the flexibility with NSF has been a big deal. Certain things happen to cause NSFs and GMS is patient and will communicate rather than automatically debiting or demanding a wire. Depending on the situation, I am given the opportunity to seamlessly correct the issue and this heavily impacts my customer satisfaction. 

GMS: In what ways do the technological systems we use at GMS assist in Payvision’s success?

Cliff: In the 15 years that I have been with GMS, I have used 3 different software vendors, and you have always made sure that the transition of changing software vendors has went smoothly with your systems. Your IT even built out a custom process that makes sure that the systems work together seamlessly. GMS is dedicated to making it work for the client.

GMS: Our pricing stays has stayed the same for ACH payments since you opened an account with us and even with the changing times, GMS keeps our pricing low to enable our clients’ businesses to grow and be successful. Would you say GMS has influenced your success as a business?  

Cliff: Consistent with pricing has allowed them to stay competitive in the market. This industry has grown in the past 15 years and almost all companies do direct deposit now, with you prices remaining low, I can retain my customers by doing the same.

GMS: At GMS, we pride ourselves in always being available for you to speak with or email, would you say that this has ever wavered?

Cliff: Has never wavered, you are always accessible. Cannot think of a time that you haven't been available right away. For GMS to be consistently available and for things to get taken care of right away is a huge deal. It has helped me be able to provide great customer service and has definitely aided in the success of Payvision Online.