Accept Checks Online & Watch Your Sales GrowAdding echecks as a payment option is one of the easiest way for online merchants to increase sales. Consider the following:27% of US families don’t have credit or debit cards. There are 60 million under / unbanked adults in the US 89.2% of..
Frequently Asked QuestionsThis article address the most commonly asked questions about ACH electronic check processing. If you are thinking of setting up an echeck account, this article will be helpful to you.What is an electronic check?An electronic check is an form of payment whereby the money..
The number of online shoppers who pay using a credit or debit card is declining. While alternative payments, such as electronic checks, are increasing. In 2008, 85% of internet shoppers paid for purchases with cards. But, by 2014, only 70% will pay with cards. Echecks give merchants a way..
Same Day Settlements Approved Yet Few Banks ParticipateFederal Reserve same day settlement for ACH transactions has been available for over a year. However, very few banks have chosen to participate, making it extremely difficult for merchants to take advantage of quicker clearing of ACH..
Get More Orders with Electronic Check ProcessingHigh risk merchants discover adding electronic checks as a payment option at checkout increase sales up to 29%. And saves 50% or more in payment processing costs compared to high risk credit card merchant accounts.Boost SalesElectronic checks give..
Electronic Checks Trusted by BuyersConsumer acceptance of electronic checks (echecks) as an online payment option continues to rise. Many online shoppers expect to be offered an echeck option. Electronic checks let buyers pay for purchases through a direct debit from a bank account. Funds are..