Fewer Banks Accept High Risk MerchantsBank ratings continue to be downgraded in response to the economic conditions. In turn, the banks are taking a closer list at risk in merchant portfolios.The banks are trying to control potential losses. Whether or not the perceived potential losses are..
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..
Accept Checks Online & Watch Your Sales GrowGet orders from buyers that are maxed out on cards or don't have cards. And many shoppers simply prefer to pay you with an echeck rather than a card.Here’s 3 more ways that high risk merchants wring out more profits with electronic check..
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 ACH Processing?ACH processing lets you automatically debit payments from buyers’ checking or savings accounts. Funds are then electronically deposited to your business bank account. ACH payments capture sales from shoppers who do not have cards, are maxed out on cards, or who..
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...