Electronic Checks for LendersPayment processing for payday loans is getting more challenging to obtain. Yet, good accounts are still available for both US and offshore payday loan companiesThe Federal Deposit Insurance Corporation and the Office of the Comptroller of the..

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..

Rise of Echecks for Online PaymentsThe number of online ACH transactions increased over 10% in 2012.  Clearly, echecks are experiencing greater acceptance by consumers as a way to pay for purchases made on line.Te expanding use of online bill pay has helped drive the growth.  Customers commonly..

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..

It’s no surprise that more people are paying bills online and paying for website purchases with echecks.  As this electronic transformation is occurring, obviously fewer people are writing paper checks.As the younger generation, raised on electronic transactions, matures, and older generations..

Echecks are a proven effective way for lenders to collect payments from consumers in the subprime market.  This article discusses the benefits of electronic check processing.What is the Subprime Market?Subprime lenders make loans to consumers who may have difficulty keeping up with repayments...