Increase your customer base and online revenue with flexible ACH payment options
Having credit card solution does not give the flexibility to merchant to collect the payment from all customers. For many merchants, this can be a missed revenue opportunity. Our flexible ACH and eCheck payment options offer a secure alternative to credit card payments if you are selling your product or services to USA market.
Providing multiple payment options at the time of checkout ensures that your online business can service all potential customers who are willing to use your product or services, regardless of their preferred payment option.
HighRisk Gateways provides weekly or twice a week settlement and full transaction tracking from our backend Intephase. Diversify your payments and expand your market with ACH and eCheck payments.
Benefits of Accepting ACH Payments
- Offer additional payment acceptance options to convert more sales;
- Provide an alternative for customers regardless to credit cards;
- Reduce the risks ratio common to accepting physical checks;
- Protect the credit rating of your business;
- Shorten check-payment acceptance period;
- Access processing reporting to rectify payment errors in nearly real time.
How ACH payments work?
- The customer makes a request to send money to a merchant, and asks for authorization for the same;
- Merchant authorizes the request, and provides written, digital or verbal authorization of the payment (including ‘terms and conditions’ for the customer to accept) In order to make to make the payment.
- The customer lodges their payment via the ACH (Automated Clearing House) network, which sends the money to the RDFI (Receiving Depository Financial Institution) for processing of the check payments.
- The merchant receives their funds and provide the goods orservice to the customers.