Electronic Check Processing
Automated Clearing House (ACH) or eCheck transactions, supplement card acceptance for many merchants in a streamlined process that is integrated through our payment gateway.
Have You Considered the Benefits of Accepting Electronic Checks?
When merchants accept electronic checks, merchants open their business up to accept payment from 85% of the adults in the U.S. who have checking accounts. Merchants are also further allowing their business to participate in the Business to Business market, where 74% of transactions are made by check. At FrontStream Payments, we've developed an electronic check processing solution for merchants to tap into these markets and start accepting electronic checks.
With FrontStreams' eCheck Solution merchants get the benefit of:
- Not having to worry about deposits being lost or stolen
- Getting funds generally within 24 hours
- Saving on payment processing cost by being exempt from a variety of bank fees associated with paper check handling
- Not having to deal with as many bounced checks since NSF return transactions are automatically re-submitted into the Automated Clearing House (ACH) network, giving the check more than one opportunity to clear