|
Merchant Account Internet Services Must Include Internet ChecksExtract Payment From Customer Checking AccountMerchant account internet services must include ACH (automated clearing house). ACH is a bank term but simply is another extraordinary way of merchants receiving their payment now. Imagine you have 2,500 customers who have all agreed to pay you for merchant account internet services every month. The old way of receiving check payments in the mail would be a bookkeeping nightmare with just a fraction of that number of clients. However, you can automate the entire process without hiring personnel. How? By electronically extracting (ACH) payment directly out of each customer’s checking account. All payments are done using a Virtual Terminal (Internet Payment Gateway), which will allow merchants to initially enter all the customer’s data, when payment is due, and how much the payment will be. For example you can set up your customer to pay weekly, monthly, quarterly etc. It’s now automated! Merchant Account Services now becomes a vital department in your business. Customers may also pay you a one-time only payment, which you can process 24 hours a day seven days a week. They can also take payments over the fax or telephone and data into the payment gateway. It’s easy.
Here are the Benefits:Get Paid Quickly Detailed Reporting (real time viewing) Lower Banking Fees Efficient Worry Free Immediate Profits Guaranty of Funds (optional) High risk customers will be approved
Payments from your customers are no longer sent snail mail; they are sent directly into your business checking account. Most high-risk merchants will be approved for the ACH service. Credits/Payments One of the newest capabilities in ACH processing is the addition of Credit and Payment Services. We can now facilitate your payments to customers by placing funds into your customers bank account. Imagine the elimination of hassles when issuing a refund. It’ simple and you will love it! |