Electronic Checks Get You More Orders
Offering electronic checks as a payment option is an easy way to increase sales 8-20%. Electronic checks are the most popular alternative payment option on the internet. Merchants that accept echecks at checkout capture sales from shoppers who do not have credit cards, are maxed out on cards or who prefer to to make payment from a bank account.
Echecks are a form of electronic funds transfer. With echecks, funds are debited from the buyer’s bank account automatically deposited to the seller’s checking account. Accepting e-checks is fast, safe and inexpensive.
Business Case for E-Checks
The business case for accepting electronic check payments is simple to understand. Consider these facts:
Increasingly Americans are using electronic checks to pay for purchases online. The payment option has a high degree of consumer acceptance. Most US consumers are accustomed to paying utility and household bills online with an electronic check or through a monthly ACH debit of a bank account. Echecks on an ecommerce site gives customers a familiar way to pay.
Another factor in the growth of e-checks as an alternative payment option is the tightening of credit markets due to the recent economic downturn. In addition to having less credit available, consumers are looking for ways to trim expenses. Paying with echecks eliminates any risk to credit rating, avoids potential finance charges and helps consumers maintain control over finances.
Benefits of Echecks to Merchants
Add echecks to your payment page and watch your sales grow. Contact http://www.nationalach.com/services/ach-processing or