IM eCheck :: Virtual Check Acceptance - Accept Checks Online
Looking to offer an alternative payment option for your customers? Tired of dealing with the hassle of processing paper checks? InternetMerchant provides an exclusive, fully integrated electronic check payment method called eCheck.net.
With eCheck.net, you can accept and process payments from customer and corporate bank accounts directly through your website or through your Virtual Terminal (just like for credit cards!). By accepting electronic checks, you are benefiting both you and your customers. You will expand the payment options available to new and existing customers, enhancing customer loyalty and potentially increasing sales.
Transactions are automatically submitted for settlement each day, allowing you to receive funds quickly. You can also opt to receive email notifications of settled transactions and NSF returns so you are completely in tune with all of the billing activity.
Features & Benefits
| Lower Fees | Receive lower rates and fees than with credit cards or with PayPal. |
| More Efficient | Eliminates the costs and inconvenience of manually processing paper checks by doing everything online. Enables your employees to get their job done faster by utilizing this more efficient process. |
| Fully Integrated Solution | Allows you to implement eCheck.Net easily, especially if you are already using the IM Payment Gateway. Processing your credit cards and electronic check transactions through the same company eliminates third-party involvement for integration and the hassle of having to contact separate entities for payment processing support. |
| Integrated Reporting | Provides a combined view of all electronic check and credit card payment transactions. Allows you to reconcile payment and billing activity using online reports and statements. |
| Rapid Transaction Validation | Returns the status of transactions to you faster for improved up-front transaction validation. Enables you to ship your products and receive payments faster. |
| Security | Uses the latest 128-bit Secure Socket Layer (SSL) technology for secure Internet Protocol (IP) transactions. Protects your customers' sensitive data by providing them with a secure environment to submit their payments in. |
| Customer Convenience | Enables you to offer an additional payment method for customers who do not have credit cards or prefer to pay directly from their bank account. Also enables direct business-to-business transactions. Eliminates the possibility of checks getting lost in the mail or arriving late. |
| Reduced Transaction Costs | Minimizes the costs associated with manually processing paper checks including deposits, reconciliation, and returns. Upfront transaction validation allows you to approve or decline transactions quickly. |
| Fee Breakdown |
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For more information on electronic check acceptance:
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