Payment Processing for LendersPayday loan companies use ACH and Check 21 echecks services to process payments.  There are 2 types of accounts established for payday loan companies.First, ACH credits deposit the amount of the loan directly to the borrower’s bank account.  ACH credit accounts..

Electronic Checks for Ecommerce MerchantsMerchants that accept checks online reduce operating expenses, improve cash flow and streamlines business operation.    When an ecommerce merchant decides to accept checks online, the expectation is increase sales and enhanced profits.  Payment..

Flat File Uploads Flat file uploads for Check 21 and ACH payments are also called bulk or batch processing.  Batch processing automates processing.   Uploading a bulk file is fast, easy, and less prone to errors than is manual entry.There are many reasons a company chooses to upload a flat..

High Risk Processing with Check 21Check 21 provides an excellent solution for high risk merchants who want to accept checks online or take a check by phone. Check 21 technology is particularly beneficial for companies that are unable to keep chargebacks under the 0.5% threshold required by NACHA..

Echecks Increase SalesHigh risk merchants discover adding electronic checks as a payment option is an easy way to increase sales Electronic checks are the most popular alternative payment method for internet shoppers, second only to cards.Electronic checks can be processed either through the ACH..

Free scanners for Check 21 remote deposit capture are quickly becoming the norm.  Much to the dismay of independent sales organizations that hoped that new products such as remote deposit capture could help rescue them from shrinking margins.  First credit card terminals were being given away for..