Posted by NationalACH on Sep 02, 2013
Electronic Checks Payment Account

Accept Checks Online

Electronic checks are the fastest growing alternative payment method for internet merchants.  Although cards remain the most often used online payment option, echecks now account for 20% of all internet payments.  

With electronic checks, buyers pay for purchases with a direct debit from a checking or savings account.  The funds from electronic checks payments are automatically credited to your business bank account.

The more payment alternatives you offer at checkout, the more sales you will make.  And, if a card payment is not authorized, e checks give you another way to capture sales that otherwise would be lost.

How to Set Up an Echeck Account

Ecommerce businesses of all types, including high risk merchants, can accept checks online. An electronic check processor account also gives you the ability to accept check by phone, mail, and fax orders. 

Setting up an echeck account is faster and easier than applying for card processing.  Paperwork necessary to set up an account includes an application and submission of standard due diligence documents.

Adding electronic checks to a website is easy.  Integration to your site is accomplished using an application program interface (API) and takes only a few hours to implement and test.  

Reasons to Accept Electronic Checks

  • Online merchants with electronic checks as a payment option report 8-20% of their sales come from echecks.  More than half of those represent sales that would have otherwise lost if echecks were not offered as a payment option.
  • 22% of households do not have a credit card  and 45% of consumers with credit cards are within 5% of their credit limit.  Electronic checks give these buyers an alternative payment method to make purchases.
  • Over 200 million consumers write and receive checks, according to the Federal Reserve. Checks represent 44% of non-cash payment value at over $31 trillion.  Electronic checks give these consumers a way to pay online.
  • Buyers are comfortable using electronic checks since many already pay bills online.  Smart merchants will take advantage of this habitual payment behavior by adding an electronic checks payment option to their sites.
  • If a merchant does not offer electronic checks as a payment choice at checkout, the merchant risks losing a sale to a business that does offer electronic checks to buyers.

An electronic check is a debit payment instrument that is widely accepted and used by businesses, governments, and consumers as payment for virtually any form of commerce.  Electronic checks are among the most secure payments instrument or transaction and are designed to utilize state of the art security techniques.


Electronic checks are the most popular alternative payment method for US shoppers.  Millions of Americans regularly pay for goods & services with echecks.

An electronic check processor account lets you accept payments from buyers that don't have cards. And gives you an alternative payment method to offer to buyers if a card payment is declined.

Do you want to increase sales & profits with an echeck account?