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%..
High Risk Merchants Move from ACH to EchecksHigh risk merchants will tell you how challenging it is to remain compliant with restrictive ACH payments processing regulations regarding chargebacks on echecks. It is virtually impossible for many high risk merchants to comply with rules demanded..
ACH Processing from Banks?Merchants often ask if ACH payment processing is available through a bank rather than a third party processor. The answer is “It depends.”Some financial institutions will provide ACH payment processing to major accounts. If you run a blue-chip company, with tens of..
Echecks Alternative to ACH ProcessingHigh risk merchants find it challenging to comply with ACH rules requiring revoked transactions (chargebacks) to remain under 0.5% and returns to stay under 15%. Echecks are a good alternative for companies that want to accept echecks but need greater..
Multiple Electronic Check Processors is Smart BusinessMerchants that are classified as high risk need to consider having multiple electronic check processors in order to protect business operations. Having only a single electronic check processor is too risky in these days of changing banking..