Echeck Processing

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Paynet Secure ELECTRONIC CHECKS
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Accept eChecks any way you want to
If your business does not qualify for ACH
processing or you are a high risk merchant,
echecks are the answer
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How are Echecks Processed?

• Echecks Clear through the Payment Processors
  Account
• Echecks Clear through Your Business Bank Account

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Echecks Clear through the Payment Processors
Account

• Option of choice for high risk merchants. For
  businesses that need greater
  flexibility on returns chargebacks. Echeck
  processors allow significantly
  higher chargeback return ratios than ACH or
  card processors.
• All transactions clear through the processors
  account. Cleared funds are deposited to
  your business bank account. (Similar to the way
  credit card processing works).
• True end-to-end electronic processing, clearing
  settlement. The processor assumes the
  responsibility for chargebacks returns.
• Because the only transaction your bank sees is an
  ACH credit for the settlement of cleared funds,
  your business bank operating account is
  protected.

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Echecks Clear through Your Business Bank Account

• Recommended only for low risk merchants that have
  few returned transactions (such as NSF) or
  chargebacks (consumer disputes the transaction).
• Some banks will not honor substitute checks and
  automatically reject the transactions, increasing
  your returns chargebacks and negatively
  impacting your cash flow.
• Returns and chargebacks within a business bank
  account raises red flags and can result in the
  closure of your business operating account.

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Top 10 Benefits Electronic Checks Give to Your
Business

• Increase Sales. Electronic checks are the most
  popular alternative payment option for internet
  merchants. 30 of eCommerce sites already have
  electronic checks on the checkout page.
• More Orders. Over 90 of US shoppers have bank
  accounts and can buy from you with electronic
  checks.
• Decrease Shopping Cart Abandonment. Rescue sales
  that otherwise would be lost. If a credit card is
  rejected, offer electronic checks as another way
  to pay.
• Save Money on Payment Processing. Rates for
  electronic checks are amazingly low, saving you
  50-90 over credit card processing fees.
• Enhance Cash Flow. Electronic check processing
  ensures that orders are fulfilled. Use electronic
  checks to automatically debit your customers
  bank accounts. Take away payment-delaying
  tactics and eliminate the wait for a check to
  arrive by mail.

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• Boost Revenues. By increasing customer payment
  options with electronic checks, you generate more
  sales and increase revenues.
• Satisfy Consumer Demand. Buyers expect to have
  multiple forms of payments offered at check out.
  Most Americans already pay utility and household
  bills with electronic checks and trust the
  familiar payment option.
• Competitive Advantage. Offering electronic
  checks at checkout gives you a competitive edge
  over merchants that do not Dont risk
  unnecessarily losing a sale to a competitor.
• Lower Administrative Costs. Electronic checks
  virtually eliminates preparing and mailing
  customer invoices. Electronic checks decrease
  accounts receivable follow up costs, reduce bank
  fees and lower administrative expenses.
• Increase Profit Margins. Because electronic
  checks cost less to process than cards, you
  reduce your cost per sales and boost your profit
  margins.

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Stop Losing Sales. Start Accepting Electronic
Checks Today Accept eChecks over the phone and
help your customers make instant, confident
payments. Expand your options and your sales.
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For any inquiry Visit Us Web Paynetsecure.net Em
ail info_at_paynetsecure.net
Call 702-637-4888