Types of businesses using online check processing
- Property Management
- Home Services
- Government Agencies
- Municipal Utility Districts
- Schools & Universities
- Fitness Clubs
Give your customers one more way to pay
Giving your customers one more way to pay by check online can help you double your revenue. A majority of American’s are unable to access a credit card and rely on checks for payments.
Benefits Of Taking e-Check Payments
- One more way to pay
- Accept checks as easily as credit card payments
- Robust report features
- Lower transaction costs and fees
- Securely monitor your accounts 24/7
- Easily set-up recurring payments
- Automatically re-submit NSF checks
- Reduce the risk of fraud
- Reduce bad checks
What Is ACH?
The Automated Clearing House (ACH) network is a highly reliable and efficient, batch-oriented electronic funds transfer system. NACHA-The Electronic Payments Association develops the rules and standards which provide for the interbank clearing of electronic payments for participating depository financial institutions.
Annual ACH payment volume continues to double every five years, spurred by growth across all transaction categories and newer applications. NACHA estimates that 10 billion consumer bills were collected via the ACH Network in 2010, including pre-authorized debits, Internet and telephone payments, and checks converted into ACH payments.