eCheck Payment Processing is an electronic payment financed by the purchaser’s bank account. It is regarded as a form of online payment gateway where cash is electronically withdrawn from the one who is paying the amount. This sort of money transfer is done over the ACH system and transferred into the merchant ‘s checking account. eCheck is one of the popular methods meant for transfer of funds. It is important to attain a possible transaction process and not to lose the client for any cause. HighRisk Gateways offers solutions to your business in a modern manner where the procedure takes place which is the same as the traditional check.
Safest methods to transfer funds
An eCheck Payment Processing happens to be one of the safest means of the transaction process. Though the eCheck payment process might not be so popular as compared to credit cards businesses have an idea of utilizing the eCheck facility. The eCheck has been accepted at international level for the transaction, there are several travelers who would prefer to take a trip with eCheck instead of depending on the offshore traders in each location.
Advantages of eCheck Payment Processing
eCheck Payment Processing offers a faster solution to your transaction. Paper checks go through several stages before the money moves from the customer’s account to the merchant’s which takes more time. An electronic check often takes half that time while transferring funds from the client’s gateway to the merchant’s gateway. This makes the businesses to manage their bills in an effortless manner. This offers a more incredible situation in terms of finance.
- Less disruption in business –Fewer hassles for businesses to get a chargeback
- High-security offered – Encryption of bank info enabling the decreased risk of fraudulent activities.
- Simple to process- eCheck processing is quite simple and can be understood all over the globe.
- Immediate payment- The customer’s payment is approved immediately without any obstacles.
- Accessibility – Payment can be done at any time via the online gateway.
- Environmental friendly – The method is supported by a lot of customers as it exemplifies environment awareness.
eCheck Payment Processing suitable for high-risk merchants
eCheck Payment Processing suitable for the high-risk merchant account as it intensifies customer’s trust for merchants who process electronic checks for their businesses. This sort of processing is prevalent in the United States of America where Americans don’t have credit cards. Here eCheck processing is the premium solution for them. Secondly, recurring payments can be done through ACH or Check 21 for businesses offering subscription facilities, payment programs or membership related plans. A recurring bill is supposed to be easy and can be withdrawn straightaway from the purchaser’s bank account on a similar date each month. This can be done electronically and minimum maintenance is required.
Thirdly, you can get good control over your funds. You can refund requests or callbacks enhancing your customer amenity. Besides, you can increase your customer base with flexible payment options offered by HighRisk Gateways. Not all clients prefer credit cards for transferring funds from their gateway. For several businesses, it can be said a missed prospects as compared to credit card processing.
Contact HighRisk Gateways at any time for a merchant account
You can contact HighRisk Gateways at any time if you are seeking assistance related to your payment gateway. You can go for several options that we offer to businesses. You can go for credit cards, eCheck Payment Processing, and ACH payment procedures, multiple currencies for extending your business across the borders, Non-3Ds and 3Ds solutions and several more for a fine business transaction. Thus, HighRisk Gateway offers 24 hours service online with a team of specialists to make your business function in an appropriate manner.