High Risk Check21 E-Check Electronic Check Transaction Processing
Have you ever wondered about the slight pause that occurs after you have swiped your credit or debit card at a POS (point of sale)? This pause holds great significance for any business as it means that the automated clearing house (ACH) is doing its job of checking whether there is sufficient balance available to complete the transaction.
The E-payment network ACH is used by several people across the United States. Government run organization, financial institutions, large and small business as well as individuals make use of ACH to process payments online.
The popularity of ACH check processing / E-check processing can be attributed to the low processing cost compared to debit/credit cards and paper checks.
By providing the facility of ACH check processing / E-check processing, businesses can offer customers a safe and convenient payment option. With the use of advanced fraud management and theft protection software, verification of the authenticity of the card bearer can be effectively managed.
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If you still rely on paper checks for conducting business, not only are you losing time but you are also losing customers. People today live life in fast lanes and want to get their work done in the smallest amount of time. With ACH check processing / E-check processing, there is no need to stand in long queues for depositing paper checks.
Various E-commerce businesses can benefit from ACH check processing / E-check processing in the following ways.
It will help to increase customer loyalty as clients will be hooked on to the convenient bill payment option
It will help to reduce costs as the processing costs of ACH/E-check payments are significantly lower compared to other forms of payments.
The recurring billing feature of ACH/E-check payments will help to eliminate redundant work and increase productivity.
It saves time as you do not have to spend time depositing checks at the bank.
Has your business been shut off or closed by other credit card processors?
If you are running a high risk business and wish to provide ACH/E-check payments to your customers, you must have encountered rejection by companies like First Data, Paypal in the past. This is primarily due to the fact that they offer such services only to a very restrictive set of businesses.
But not us! We understand the requirements of our high risk clients and work with them to mitigate the risks. In order to understand how are ACH/E-check payment services work please read the below section carefully.
After the customer requests for ACH/E-check payment the following activities take place:
The customer provides the required authentication details.
Once done, you must use our ACH/E-check payment facility to initiate the transaction
After out ACH processor receives the information, it will forward the same to the customer’s bank.
We will take the necessary steps to process the transaction using the information provided to the customer’s bank
Once the payment has been cleared, we will transfer the amount into your bank account.
We value our clients and put out best efforts to ensure that they are happy with our services. In order to guide you through the ACH/E-check payment process, one of our well trained and friendly personnel will assist you during the gateway setup.
We offer a wide range of low cost as well sophisticated high end virtual terminals that can process any credit card transactions via Visa/Amex/MasterCard/Discover.
Are you a looking for the Best E-Check Electronic Check Processing Company?
It is difficult for a newly established company to open a ACH Check Processing / E-Check Processing due to the high risk associated with it. There is no denying the fact that start ups are usually charged with higher rates compared to well-established companies.
But if you are a new corporation you will find our rates to be affordable and within limits. By partnering with us you can also enjoy the below benefits:
Zero application fees
Applying for our service will cost you nothing as there is no application fee.
We can guarantee you that our costs are the lowest in the industry.
Unlike other companies that charge customers for the software, we provide the software at no additional cost. Using our software your business will be able to process ACH/E-check transactions in no time.
If you are looking for additional funds to expand your business, we have partnered with Multiple Underwriting Banks who are willing to support you.
Do you need domestic & offshore options?
We understand that as businesses now operate on a global platform, many of them require offshore accounts for smooth operations.
The terms and conditions for opening an offshore account are different from that of domestic accounts. As there is a higher margin of risk with offshore accounts, the rates are higher
But we are sure that you will find our rates not only reasonable but affordable as well. Our association with several banks that operate overseas will ensure that you receive an offshore account without any hassles.
In order to gain further information regarding the application process, please feel free to get in touch with us. We look forward to serve you in the best possible way.
Why partner with us?
Our ACH/E-check payments have been developed especially for businesses who wish to offer their customers a convenient and safe mode of payment processing. As we have been in the industry for a considerable number of years, we gained adequate expertise in handling high risk merchant accounts.
By signing up for our services, you not only stand to gain from our vast pool of knowledge but also seek the below advantages:
No hidden costs
We believe conducting business with honesty and integrity. Hence, we list all our rates and fees upfront so that our clients can take well informed decisions.
All our systems and applications are constantly updated in order to ensure superior performance and reliability.
Keeping up with the changing times, we also offer clients real time access to data with the help of our cloud reporting tools.
Our clients can send out receipts, reminders and other forms of notifications to their customers automatically.
With the use of our advanced fraud management systems, our clients can be rest assured that their businesses transactions are secure. Our clients can not only limit their chargeback but also secure every account with advanced security controls.
Our well trained team of customer support personnel is available 24/7. You can get in touch with us using the numbers provide on our website or drop us a mail.