The higher the dollar amount of a specific transaction, the greater the risks involved. The risks and responsibility of fraud and chargebacks. extend to you as the merchant as well as to your processor & acquiring bank. Some industries process high tickets on regular basis. For..
Increased Demand for High Ticket ProductsThe term “high-ticket” is used to designate an wide categories of products that have one feature in common: they are expensive. Examples of high ticket items include luxury items, such as designer clothing & jewelry, collectibles, electronics,..
E Checks for More SalesOffering electronic checks (echecks) as a payment option gives you an easy way to increase sales. The more ways customers have to pay you, the more orders you will receive. Echecks electronically debit payments from customer’s bank accounts and automatically deposit the..
Echecks Increase Sales for Online MerchantsOver the last 10 years the volume of ACH transactions has tripled. One of the greatest areas of growth has been in online payments made with ACH echecks.Echecks let online merchants and billers accept payments by automatically debiting customers’..
Echecks Get You More OrdersAh, the joy of late night infomercials. It’s late, buyers are tired and vulnerable. The TV is presenting the solution to all the cares and worries of everyday life.And in an instant, viewers are the proud owners of exercise equipment, cleaning supplies, beauty..
What is RCC?Remotely created checks (RCC) are an outgrowth of Check 21 legislation. Check 21 was originally implemented to allow paper checks to be cleared through the Federal Reserve via bank-to-bank image transfer. Most Check 21 transactions start as paper checks from which electronic images..