LINKS

"
THE LOWEST RATES...
MOST BUSINESS TYPES...
WE SAY YES WHEN
OTHERS SAY NO...
7 DAY APPROVAL...
NO HIDDEN FEES...

"

 
 
1.800.393.3230
 
 


   

AN INTRODUCTION AND THE BENEFITS OF ACH PAYMENT PROCESSING SYSTEM

 Providing your online customers with alternative payment processing methods could win you that all important contract which could change your business positively. Payment options other than the credit card should also be accepted by you since there are a few debt conscious customers who don’t have credit cards and there are few who have reached their credit limits. With the ACH payment system your customers will have the option to pay for their purchases using e – checks without worrying about increasing their debt due to credit card. Other than saving your customers from a credit problem, there are several more benefits to this system.

What exactly is the ACH Payment Processing?

In “ACH payment processing” the authorization of the transaction is not in real time but the funds or money will be transferred from one account to another electronically in some days. This allows you to accept payments through phone or online or in – store. It also permits you to convert the paper checks in to e – checks.

How can I save money using “ACH payment processing” system?

The ACH transactions only attract a fixed fee for every transaction. The fee is much lower than that which is charged for credit card. With the credit card there are several fees applicable and there is also one fixed and one variable fee for each transaction. The ACH system also saves huge amount of money for the customers because they don’t have to pay any interest. Also, both merchants and customers will be able save lot of money if they take advantage of both the recurring billing features and e – check processing.

What exactly is an e – check processing?

It is one type of the ACH transaction. It is the process of scanning the paper check and then submitting it for clearance, electronically. This will be a lot convenient for the merchant because he will not have to go to the bank each day to get his own money.

Another way for processing of e – check is by submitting the check information through a secure and safe, internet based system. You can do this using the ACH system. All that you have to enter is the account number, bank name and the routing number and the ACH system will do the rest. This facilitates the payment through phones method.

How will my business be benefited by “Recurring Billing”?

If you are able to get scheduled payments then the liquidity of your company can be maintained very well. Additionally, by automating the billing process you will save money and time and also don’t have to worry about sending invoices to your customers manually. On the customer’s side, they will be relieved of the job of collecting paper invoices.

The “ACH payment processing” along with e – checks will save you Time and Money

Credit cards are no longer the only means to make online purchases. In fact, the ACH payment processing not only accepts online payments but charges much lower fees than credit card processors.

Contact one of our helpful account representatives to assist you in the setup of a high risk merchant account or offshore merchant account for a high risk merchant.