FlexPay provides a simple, secure and reliable solution to collect payments, either in advance or in arrears. The best way to understand its strength is to look at the competition. Traditional methods of collecting money include the use of cheques, bank drafts, cash collections, EFT (Electronic Funds Transfer) transfers and wire transfers. Each method has its own benefits and disadvantages. Cheques are safe, easy to handle and inexpensive. However, they take a long time to deposit, can be lostβ¦