High volume merchants discover that adding electronic check processing is one of the easiest ways to increase sales and profits.
The ACH network the oldest and most reliable electronic payment method available in the United States. As the ACH network continued to expand over the years, it managed to preserve its versatility and dependability.
For high volume merchants, using ACH payments is extremely beneficial in converting shoppers to buyers.
While the overall results for 2015 are still not in, the processing capability and outstanding potential of the ACH network are illustrated by the results of 2014. In April 2015, the National Automated Clearing House Association announced that in 2014, the ACH network facilitated 23 billion payments, which is a 1 billion increase compared with year of 2013.
The WEB transactions represent one of the most promising segments, as they went up by 10.2% in the same interval. The introduction of Same Day ACH will further improve the efficiency of the network by allowing all parties involved to move funds with the speed that is needed in our fast-paced modern times.
You will find multiple advantages in using ACH payments on your website. The popularity of electronic check payments among consumers results from the favorable way it compares with credit card payments.
Not having to provide card information introduces a degree of convenience that makes a great deal of difference when the customer reaches the checkout page. High volume merchants discover that the fees for ACH payments are considerably lower compared with the ones for credit card payments.
ACH payments provide higher security to both you and your customers through its low chargeback and fraud rate.
ACH payments are compatible with the increasingly popular subscription-based business models through its recurring payment option.
Once implemented, ACH payments make an enormous difference in terms of profits for high volume merchants.
ACH processing accounts give you an affordable way to accept payments. And ACH merchant accounts are easier to obtain than card processing accounts.
Offering your customers the ability to pay you with an ACH echeck on your website increases your sales while lowering your processing expenses.
Are you interested in adding ACH echecks to your high volume merchant account?
Contact info@NationalACH.com today.