Third Party Processors Facing More ScrutinyHigh risk merchants are finding it more challenging to obtain ACH and Check 21 accounts.  Part of the reasons is explained in the FDIC Financial Institution Letter released on January 31, 2012.This article discusses the reasons third party e check..

Pricing for ACH ProcessingThis article discusses the elements that are considered when setting rates for ACH processing. Rates for ACH payment processing are based on three main factors. Industry ClassificationMonthly Processing VolumesCustomer AuthorizationHigh Risk vs. Standard RiskCompanies..

High Risk Merchants Get More Sales with E ChecksWhen high risk merchants do not offer electronic check payments, sales are lost.  Studies indicate that 29% of Americans do not have credit cards. When you accept checks online you get sales that don't have cards or are maxed out on cards. And many..

Echecks Trusted by BuyersOne of the most common questions asked by merchants who are thinking about adding electronic check processing is:  “Will my customers use it?”  The answer to that question is “Absolutely yes.”Consumer use of echecks for online payments is greater than ever before..

What You Need to Know about High Risk ProcessingBenefits of High Risk ProcessingHigh risk processing with electronic checks gives companies a competitive edge, expands market reach, reduces shopping cart abandonment and enhances customer satisfaction.Alternative Payment Choice.  Electronic checks..

What is an ACH Merchant Account?ACH merchant accounts use the US Electronic Funds Transfer (EFT) network to process payments.  NACHA is the governing body of the ACH EFT network.ACH debits give you the ability to electronically debit funds from a buyers' bank accounts to pay for goods or..