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The IPS Package E-Chek
Payment Solution
Authorize.Net's
eCheck.Net is a payment solution that enables online and traditional merchants
to accept and process electronic check payments directly from their Web site's
storefront or through the Authorize.Net™ Virtual Terminal. By accepting
electronic checks, merchants are able to expand the payment options available
to their customers and potentially increase their sales.
With eCheck.Net,
customers pay for products or services with an electronic check by selecting
the electronic check option and entering the requested bank account
information. eCheck.Net encrypts the data using Secure Socket Layer (SSL) 3.0
encryption technology, and transmits it to the secure Authorize.Net transaction
server for posting. At settlement time, the Authorize.Net system initiates a
debit to the consumer's checking account via the Automated Clearing House (ACH)
and then transfers collected funds to the merchant's account. The eCheck.Net
system notifies merchants of failed debit attempts, including “Not
Sufficient Funds” returns.
eCheck.Net is an
ideal payment solution for businesses that want to increase their sales by
offering their customers additional payment methods. Health clubs, tanning
salons, subscription services, ISPs, membership companies and health care
practitioners are all examples of the types of businesses that would benefit
from the eCheck.Net service.
Benefits of
the eCheck.Net service:
- Acceptance of electronic check
transactions can reduce payment processing costs to merchants.
- Merchants can easily expand
the payment options available to their customers at the point of sale which
could potentially increase overall sales.
- All eCheck.Net transactions
are automatically settled each day.
Increase Your
Sales ... Get Started Today
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Business Directory