Saturday, August 10, 2013

How to Accept Check Payments Online




Even though you may already be processing credit cards online, you may want to consider expanding your options to include the ability to accept check transactions.  It is to your benefit to provide your customers every opportunity to buy from your site and there are some people still using checks as their preferred method of payment.

iTransact’s EFT (electronic funds transfer) service allows your customers to securely pay you online using their checking accounts.  Our EFT service is available to you whether or not you have a merchant account that allows you to accept credit card payments.  The best part is how simple we make it.  Our online check acceptance is quickly and easily integrated into your existing online order forms.  No additional software or hardware is required by you or your customers.
This is how simple iTransact’s EFT service is to use:

  • A customer completes your online order form providing their checking account information.
  • The order form is then accepted by iTransact’s secure server via a secure SSL socket.
·         The customer’s ABA (bank number) information is verified in a national database.
  • The customer’s account number is then checked against a black list of unreliable accounts.
·         Order confirmation is sent to you and to your customer.
  • Finally, using a computer system not connected to the web, CheckGateway (our EFT processor) initiates an electronic funds transfer from your customer’s bank account to yours.
We invite you to learn more about the full line of merchant services we have available.  Even if you are currently processing cards, take advantage of our free, no-obligation rate review.  In virtually every case, we can provide both better rates and better service than you are currently receiving. 

iTransact offers merchant accounts that allow traditional retail, e-commerce, and phone/mail order businesses to safely process all forms of electronic payment transactions.  Contact iTransact and let us customize an individualized plan for your business.

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