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..
Changes to ACH Rules Move Merchants to EchecksAn essential indicator for ACH payments is that it requires constant monitoring is the unauthorized return rate. An unauthorized return occurs when an Originating depository financial institution (ODFI) debits the Receiving depository financial..
Echecks Boost SalesEchecks are the most popular alternative payment method for US buyers. High risk processing with electronic checks increases your sales and profits.Echecks are an excellent solution for high risk merchants. Echecks are processed through bank-to-bank date exchange based on..
E Check High Risk ProcessingHigh risk merchants experience sales “lifts” up to 20% simply by adding electronic checks as a payment option. Electronic checks automatically debit payments from customers’ bank accounts and deposit the funds to your bank account.Electronic checks can be processed..
Improve Cash Flow with Electronic ChecksEchecks are a necessary component to maximizing the revenues of debt collection agencies. Once a debtor agrees to pay, echecks help you collect the money quickly and easily.The debt collection industry is worth up to $17 billion, with millions of Americans..
Get More Orders with an Echeck AccountNaturally, accepting cards on your website is important. Yet, if you do not offer alternative payment methods, such as echecks on your checkout page, you are unnecessarily losing sales to your competition who do.Business Case for Echecks on Your SiteOver 29%..