We’re excited to announce that Alguna BankPay is now officially out of closed beta and available to all US-based customers.
Designed for enterprise SaaS companies managing recurring billing and large contract values, BankPay automates receivables via direct bank payments—no delays, no third-party hold-ups, and no card processing fees.
What Is BankPay?
BankPay enables automatic recurring payments over the full range of US banking rails, including:
- ACH
- Wire Transfers
- FedNow
- RTP (Real-Time Payments)
Funds are paid directly into your business bank account—no payout delays, intermediaries, or hidden fees.
Why It Matters
Traditional payment methods like credit cards or manual wire transfers create friction for high-value B2B transactions. BankPay solves that by giving you:
- Lower transaction costs (save up to 3% per invoice compared to card payments)
- Real-time bank verification to reduce errors and failed payments
- Automated, recurring payments that eliminate manual follow-ups and late collections
- Faster, secure settlement across multiple rails, with better visibility and control
This is especially impactful for companies with:
- High-value enterprise contracts
- Subscription billing models
- AR teams burdened by manual collection workflows
- Customers preferring bank-based payments over cards
Key Benefits
✅ Accounts Receivable on Autopilot
Automate recurring invoice collection directly from customer bank accounts.
💰 Cut Payment Costs
Avoid processing fees, reduce operational costs, and eliminate third-party payout delays.
🔒 Reduce Payment Risk
Real-time account verification and secure connections mean fewer errors and stronger cash flow predictability.
Who Should Use BankPay
This feature is ideal for:
- US-based SaaS companies with recurring or usage-based billing
- Finance teams looking to optimize AR operations and reduce costs
- Enterprise contracts where card-based payments are impractical
- Startups scaling fast and wanting full control over collections
Get Started with BankPay
BankPay is now available to all Alguna customers operating in the US. Set it up in minutes and start accepting bank-based recurring payments today.
See it in action here ->
