I am bootstrapping a SaaS company and we have our first customer. We're based in the USA, they are in Canada. We have a year of checks to deposit for the monthly fee. This is fine but I have to go into the bank and deposit via a teller due to CAD funds. Our monthly fee per customer is $650-1300 USD.
Is there an easier way to accept payments from Canadian customers? We do have a business banking account with Chase in the USA. I see options like TransferWise.com and it actually comes out cheaper than Chase due to the exchange rate being more favorable (even with the 1% fee). But it doesn't look like it is setup for recurring payments. I'll go ask them. We could use something like Stripe but the fees are higher and I don't know if our customers want to pay by credit card (I don't know B2B payment conventions in Cananda).
I am asking here to possibly get advice/suggestions based on experience as there appear to be a lot of options.