Hi there,

PAD is like using EFT but with another service. So there are two ways of receive direct deposit from customers: Beanstream (PAD option from Sage 50) and EFT direct (add-on program). This blog explains those two methods.

You can continue using a trace number as you are currently doing or you can use PAD. Though before start using PAD make sure you have entered the customer banking information in the customer record on Pre-Authorized Debit tab first. That’s a requirement before using PAD from Receipts window. Because you are not using Beanstream to receive those payments, you can generate EFT file after processing the receipt in Sage 50.

Hi there,

PAD is like using EFT but with another service. So there are two ways of receive direct deposit from customers: Beanstream (PAD option from Sage 50) and EFT direct (add-on program). This blog explains those two methods.

You can continue using a trace number as you are currently doing or you can use PAD. Though before start using PAD make sure you have entered the customer banking information in the customer record on Pre-Authorized Debit tab first. That’s a requirement before using PAD from Receipts window. Because you are not using Beanstream to receive those payments, you can generate EFT file after processing the receipt in Sage 50.

ok so if im understanding correctly, to use PAD or EFT there is a cost associated right?

Correct there is a cost associated with EFT or Beanstream.