High Risk Merchants Prefer E ChecksIn the US, there are two methods of debiting a bank account. First is ACH debits, which process transactions through the Automated Clearing House network. The second is echecks, which processes payments via bank-to-bank transfers.Many merchants who were using..
ACH and Check21 echeck processing service for online money transfer companies. US customers can quickly and easily send payments using a direct debit from their bank account.The World Bank reports that money remittances were $436 billion in 2014 and will increase to $518 billion by 2016. The..
International and US payment processors understand that additional payment options at checkout result in more orders for merchants using the processing platform. The more ways customers have to pay, the more sales are made. The US ecommerce market will hit $434 billion in sales within the next 2..
How Echecks Increase Your ProfitsWith the latest changes in ACH regulations, collection firms are now forced to find echeck processing that does not use the ACH network.The consequences of this change are creating a certain amount of anxiety within the collections industry. Which is sure to..
Why You Need an E Check Processor The ACH network is reliable & safe. And remains a good choice for echeck processing for merchants that have low return rates and few revoked transactions.Yet, new regulations from NACHA have many companies scrambling for viable alternatives to the ACH..
Benefits of Echecks for Forex MerchantsForex merchants report the following benefits from electronic check processing:Highly effective method to receive payments from tradersElectronic check processor accounts are easier to establish than card paymentsEchecks are the most popular alternative..