To maximize profits, merchant payment services for high risk processing should include multiple ways for buyers to purchase. Adding echecks part of merchant payment services for high risk processing is an easy way to capture sales from buyers that do not have credit cards or simply prefer to pay by direct debit from a bank account. Echecks automatically debit funds from a buyer's bank account and credits the funds to the seller's account.
Advantages of eChecks for High Risk Processing
Adding echecks as part of merchant payment services for high risk processing gives you a competitive edge, expands market share, reduces shopping cart abandonment and increases customer satisfaction.
Increase Sales. Electronic checks as are the most popular alternative part of merchant payment services for high risk processing. More than 20% of online businesses already offer echecks as a payment method.
Competitive Necessity. If you don't offer echecks as part of your merchant payment services for high risk processing, you risk losing sales to your competitors who do.
Rescue Sales. If a card is rejected, offer echeck merchant payment services for high risk processing as an alternative to cards. You rescue sales that otherwise would be lost.
Decrease Expenses. When buyers buy with echeck merchant payment services for high risk processing, you save money because fees are much lower than those charged accepting cards.
Get More Buyers. Over 75 million Americans do not have credit cards. Yet 90% of Americans have a checking or savings accounts and can purchase with echeck merchant payment services for high risk processing.
Check 21 for High Risk Processing
Check 21 clears echecks through bank-to-bank transfers, bypassing the ACH payments network. Since Check 21 echecks transactions do not pass through the ACH payments network, companies using echeck merchant payment services for high risk processing no longer have to worry about restrictive ACH regulations regarding returns and chargebacks. .
High Risk Processing Security Protection
Protect your high risk processing against fraudulent transactions with a special feature that captures your customer's signature. Customers "sign" an online authorization by using their computer mouse to control a software based "pen. This valuable protection is included free with every echeck merchant payment services high risk processing account.