Echecks Boost Recurring PaymentsGood news for companies that offer check by phone as a payment option. NACHA the governing body for ACH payments, finally updated the rules regarding telephone transactions.Under the old rules for check by phone, only one time ACH debits could be authorized by..
Blast Your Competors with EchecksLet’s face facts. Your customers have lots of places to shop online and buy the same or similar products you are selling.How are you going to beat your competition and still make money? Basic business sense dictates you must increase the number of orders..
Electronic Checks Get You More OrdersOffering electronic checks as a payment option is an easy way to increase sales 8-20%. Electronic checks are the most popular alternative payment option on the internet. Merchants that accept echecks at checkout capture sales from shoppers who do not..
Accept Checks Online to Increase SalesElectronic checks are used by millions of US shoppers to purchase goods & services online. More than 30% of online retail sites offer echecks as a payment option at checkout.When you accept checks online, you get orders from shoppers who prefer to pay with..
For the past 20 years predictions have been that the check is dead. And yet, in 2010 paying by check is still very much alive.As the younger generation matures, checks may disappear. But, there is still a large demographic today that prefers to pay by check.The preference for paying by check..
Merchants that accept electronic checks realize significant advantages:Increase sales. Providing multiple payment options results in a sales lift for each from each option. When a merchant offers electronic checks in addition to cards, sales increase up to 29%.Decrease processing costs...