How Do You Receive Your Payments?

[jokalima]

I have a smart phone and my bank has mobile photo capture for deposits so I deposit my checks at home by taking a photo of them and submitting them that way. You don't have to send the checks in, so once they clear I return the checks to the DCPs. This is free to use. It takes about a business day for the deposit to clear as long as I deposit the check before 3 or 4pm.

I have a PayPal account that parents can use to pay me with for like a 3% fee. It takes about 24 hours for the money to clear in my PayPal account and I can transfer it to my bank account (takes about 5 days to clear) or I can use my PayPal debit card to use the funds.

I also have a SquareUp card reader (free for the card reader) that charges less than PayPal and you can swipe a debit or credit card or you can manually enter the information (like if the parents call me by phone). It takes 3-5 days for the money to clear in my account.

I use Minute Menu Kids Pro so I use ChildCarePay.com along with it. I create an invoice in Minute Menu which is emailed to the parent and the parents can log in to ChildCarePay and sign up for electronic payments and pay their fees that way. You can even set them up for automatic invoicing and they can sign up for automatic payments but you may have to go back and change the invoice coverage dates. There is a $1 per transaction fee but that's all. It takes about 5 days for the money to clear in my account.

I accept cash (which I don't particularly like) but I still have to go to the bank to deposit it.

I accept person-to-person payments through my bank for clients that bank at the same bank that I bank at. I add them to my account simply by adding the email address and telephone number that they have on file at their bank and sent them a request for the amount that they owe. They receive a text message and/or email alert and then login to their account (either online or on their phone) and sent the payment, I get an alert that the payment was sent and I verify the amount and accept the payment. This is free. Payment is in my account within 24 hours.

Thanks Vanessa!~!!!!!:hug: Never heard of this before and just checked if my bank has the mobile photo capture and it does! This will make my life so much easier! Love this forum!happyfacehappyfacehappyfacehappyface

[MamaBearCanada]

I love online banking. My DCP just send me an email & I can deposit the money right then. Doesn't matter if it's a holiday or storm day - I don't have to see them to get paid :: (Actually I love my DCP so I like to see them )

I get prepaid on 1st and 15th of each month.

[EAP]

Most of my families use online thru childcare pay website that comes with MMK. Otherwise by check and I use my phone to deposit them by taking a picture

[AnneCordelia]

I get paid by all my families by e-transfer. It's my preference.

[Scout]

two families do cash, one does DD but, I need them to move the day up as it goes through some Fridays but, more often not til Monday!

[Patches]

All o fmy families pay with cash except for one and they pay by check. I use the mobile deposit on my phone for the check and I got to the ATM and deposit the cash. I never go to the bank.....ever.

[DaisyMamma]

Wells Fargo now has a mobile app that lets you deposit checks from your phone!

[snbauser]

Wells Fargo now has a mobile app that lets you deposit checks from your phone!

This is what I use. Love it!! I can deposit checks from my couch during nap time

[MarinaVanessa]

Thanks Vanessa!~!!!!!:hug: Never heard of this before and just checked if my bank has the mobile photo capture and it does! This will make my life so much easier! Love this forum!happyfacehappyfacehappyfacehappyface

I'm so I'm glad that you have this smart phone app option at your bank, it definitely makes life easier. For the others, these are the banks that have it so far (that I know of):

Chase
Wells Wargo
Bank of America
PNC Bank
USAA Bank
State Farm Bank
And I think there are a couple of others.

[MissAnn]

Regions is getting it sometime this year, or so their app says. I can't wait!

[Texasjeepgirl]

If I sign up on Minute Menu Pro to email the invoices to the parents.. do they have to pay by childcarepay ? or can they choose to bring a check or cash?
The system doesnt want to allow me to email the invoices I create.. unless I sign up .. but I don't have any parents that are very interested in the childcarepay .. it's me that is interested in having the ability to email the invoices...

[MissAnn]

If I sign up on Minute Menu Pro to email the invoices to the parents.. do they have to pay by childcarepay ? or can they choose to bring a check or cash?
The system doesnt want to allow me to email the invoices I create.. unless I sign up .. but I don't have any parents that are very interested in the childcarepay .. it's me that is interested in having the ability to email the invoices...

If you have entered the parents email addresses in the child information part, you can send the parent information letter. You can find it in electronic payment set up and then click on parent account and parent letter. The will then go on the web page and select a password. This will not make it autopsy, it will just enable you to send out invoices electronically. I love it!

[MissAnn]

If you have entered the parents email addresses in the child information part, you can send the parent information letter. You can find it in electronic payment set up and then click on parent account and parent letter. The will then go on the web page and select a password. This will not make it autopsy, it will just enable you to send out invoices electronically. I love it!

OK stupid spellcheck! Should say auto pay not autopsy!

[LoraJenkins]

All of my parents pay in cash on Friday. For 20+ years I have done it this way and I figured if it isn't broke, why fix it.

[Blackcat31]

If I sign up on Minute Menu Pro to email the invoices to the parents.. do they have to pay by childcarepay ? or can they choose to bring a check or cash?
The system doesnt want to allow me to email the invoices I create.. unless I sign up .. but I don't have any parents that are very interested in the childcarepay .. it's me that is interested in having the ability to email the invoices...

I just click save on the page where you are getting ready to print the invoice off.

I have a folder on my desktop that the invoices are saved in.

I attach the saved invoice to parents in an e-mail.

Super simple to do.....without using the childcarepay system.