What Is ACH?An ACH merchant account is an excellent alternative to card payments, allowing you to capture sales from customers that do not have cards, are maxed out on cards, or simply prefer to pay with an electronic bank transfer. ACH rates are also often significantly lower than rates for..
No Card? Echecks are the AnswerIn the US, 83% of consumers shop on line at least once a week. But, only 70% of US consumers have credit or debit cards.How are shoppers who do not have cards going to make purchases from your website? Unless you offer customers an alternative way to pay,..
Rise of Echecks for Online PaymentsThe number of online ACH transactions increased over 10% in 2012. Clearly, echecks are experiencing greater acceptance by consumers as a way to pay for purchases made on line.Te expanding use of online bill pay has helped drive the growth. Customers commonly..
It’s no surprise that more people are paying bills online and paying for website purchases with echecks. As this electronic transformation is occurring, obviously fewer people are writing paper checks.As the younger generation, raised on electronic transactions, matures, and older generations..
Echecks are a proven effective way for lenders to collect payments from consumers in the subprime market. This article discusses the benefits of electronic check processing.What is the Subprime Market?Subprime lenders make loans to consumers who may have difficulty keeping up with repayments...
How do you get orders from 29% of Americans that do not have cards? Echecks provide another way for the buyers to purchase from you.Accept Checks OnlineMore than 97% of Americans have bank accounts and can pay you with an echeck. Electronic checks give you the ability to capture sales from..