ACH Check Processing
High risk ach processing is an
increasingly popular payment method for
many customers. It is much easier to
work when compared to credit card
processing. Merchants are able to run
their transactions easily in a batch
upload to the processor. Processing
times are faster and the payout
guidelines are also quicker. Consumers
today are trying to avoid additional
credit card debt and would rather pay
with funds they have. This has become
very popular with debit cards.
Customers are able to make purchases
securely however they do not want to be
subject to spending money they do not
have. It is best for customers on a
budget that might not have the best
budgeting skills. Most companies will
also find that direct debiting a
consumer’s bank account will greatly
reduce chargebacks and additional
hassles that usually surround credit
card processing and merchant accounts.
Many customers will opt for paying with
a bank account over their credit card.
The merchant will want to accept their
business by way of their bank account
instead of paying with a credit card
since it is less expensive and less
likely to receive a chargeback.