Skip to main content

Quick payment transactions with ACH Payment Processing


Reliable business transaction with credit card processing

ACH Payment Processing is an electronic fund transfer network that is currently used in the United States to deal with financial transactions. ACH processes the debit or credit card transactions in large numbers and the entire process is managed in batches. ACH network is also used for e-commerce business by merchants and it can be a better option for people who are not using credit or debit cards. Ach networks are far different from credit or debit card processing and it doesn’t provide real-time authorization for the transactions that are done. The payment processing with ACH networks takes a few days and the funds are electronically credited or debited within after a few days. This payment process allows you to accept payments over the phone or online and helps you to convert paper checks to e-checks.

What is e-check processing?

Apply Now

e-check is a kind of electronic check that is used to make online payments. It requires the bank routing number, your bank account number and the name of the bank holding the account to transfer fund from your account to other bank accounts. There are two ways of processing the e-check. Check scanners will allow a scan of your physical check that is given using the scanner and transforms it into an e-check and submits it for getting the payment electronically. Another option is to have a secure web connection that will allow the merchant to fill in the details like bank routing number, your bank account number and the name of the account holder to process the check. It will require 2-3 days to process the e-check in both the options.


Advantages of having ACH payment processing

1. The fee you are required to pay for ACH payment processing is less than the fee you have to pay for credit card payments and can help you save the money.
2. Preference is given to e-checks in comparison to paper checks hence you have a better chance of getting the payment even if the funds are low in the account.
3. With ACH processing you have the alternative to credit or debit cards and you tend to attract customers who are not comfortable using cards
4. The entire process is so quick and reliable in comparison to paper checks that it will help enhance the cash flow into your business.

ACH Payment Processing helps you to save time and money

With ACH Payment Processing merchant is offering an alternative mode of payment and apart from that customers and merchants both are saving the money as the processing fee for e-checks is much lower than that of any other online payment option and with an additional advantage customers don’t have to deal with the interest rates that come along with the credit card. Even the debit card and net banking also have few transaction charges that can easily be avoided by the customer. Merchants also save the time to visit a bank and deposit the check as e-checks can be sent for processing from an online platform. PayCly offers you the best credit card processing solutions that will drive your business to grow.

Location: Singapore

Comments

Post a Comment

Popular posts from this blog

eCommerce Payment Gateways with seamless and secure service

  The ecommerce has changed the world in the past decade and will continue doing so in many years to come. With internet bound services growing fast and people sticking to business run with the help of internet the ecommerce business has come into being. The ecommerce needs a better way to do the payment and the business can find a good payment gateway that is provided through e-commerce application service provider. The payment processing for the e-business or the online retailers along with brick-and-mortar business need an ecommerce payment gateways these days. The payment transaction leads to transfer of information between the payment portal which can be found over the website. mobile phone or the IVRS can be found through the ecommerce payment gateways . The better understanding about it can be find through understanding the payment gateway first. In the payment gateway the online version of the business can be seen through point-of-sale terminals. The customer enters the pa...
3 comments
Read more

Lottery merchant account with reliable payment provider leads to placing higher bets

  A lottery is nothing new for any generation which is adult and understand the world of games and entertainment along with earing money with some risk which is involved with it in the form of gambling. The lottery merchant account includes lotteries and sweepstakes which are at times governed by the regulatory bodies established by the government. The lottery merchant account helps the business with the profitable transaction to the lottery pool business and gives unique experiences to the clients and the players who are involved within the lottery pool. The business comes under high risk and it safeguards the business through different payment gateways that includes highriskgateways.in. The lottery pools merchant account enhances the transaction process and with seeking solution for better dealings the business serves with useful medium to protect the business. The enhance transaction features by highriskgateways.in removes all kind of hassles and remove any challenges with th...
3 comments
Read more

2d payment gateway works well with ecommerce

   The 2d payment gateway is one of the merchant service providers working with many ecommerce and banking applications. The era of POS terminals is getting almost over. With the help of e-wallets and mobile payments things are getting easier.As compared to other modes of payments the payment gateway works better. Customer gets better options: The specialized financial service provider as PayCly works well for payment gateways. The payment gateway helps with the various types of service providers. It also gets integrated on website as well as mobile application. The payment links does not require a website or app to accept the payments. Still the option with the customer is better as compared to any other methods. Security concern with some payments: The 2d payment gateway is through 2 dimensions secure. The domain can be found with customer who is the issuer and merchant who becomes acquirer. The 2d payment gateway works without the password. It may raise security concerns ...
Post a Comment
Read more