Been getting more offers from Shippers wanting to pay me immediately upon delivery. I'm thinking ACH would be the best route if not cash. How do you handle this yourselves? Checks, PayPal, Venmo, Square etc etc.
Best Payment Method when collecting pay for loads. ACH, PayPal, etc?
Discussion in 'Ask An Owner Operator' started by ProfessionalNoticer, Sep 16, 2021.
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I have never done anything except ACH, but I don't use the quick pay because they take a percentage.
Rideandrepair, God prefers Diesels, Bean Jr. and 2 others Thank this. -
I prefer checks but ach if not. Checks make me feel warm and fuzzy like I’m accomplishing something while ach just is numbers on a screen going up and down.
Rideandrepair, 86scotty, God prefers Diesels and 2 others Thank this. -
Rideandrepair, feldsforever, Diesel Dave and 2 others Thank this.
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I didn't realize you meant with types of payments you actually receive. I thought you meant quick pay that you receive. I have a number of Brokers they pay me by check.
Just myself, I would be more concerned about not getting the check if it gets lost in the mail then them stopping payment on the check.
I always want everything to go through ACH but not all Brokers offer that.
But you also have to watch because if they have an ability to deposit through your ACH they also have within their agreement that if you're overpaid they can withdraw money.
So I have an account that's just only for incoming and when money comes in I withdraw it right away and keep a zero balance.Rideandrepair, feldsforever, 401-Alex and 4 others Thank this. -
bzinger, Rideandrepair, Dino soar and 1 other person Thank this.
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However, these guys don't have any credit history and I usually don't work with anyone that doesn't have good credit unless they pay me COD so I'm getting half upon loading and half when I deliver. Cash is always king but this is a 3700 dollar run and they won't be at the Shipper to pay me said cash.Rideandrepair, feldsforever and Dino soar Thank this. -
Rideandrepair and RedForeman Thank this.
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I had that conversation recently…. That C in C.O.D stands for cash!!
I won’t accept a check. Not even a cashiers check.Rideandrepair and ProfessionalNoticer Thank this. -
Rideandrepair, nikmirbre and ProfessionalNoticer Thank this.
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