ACH Processing

ACH: Carpet Cleaning Companies

Carpet cleaning companies have collected payments automatically  and electronically for years. Your business can now join them in this safe and time tested method to collect your receivables through ACH for carpet cleaning companies. Our  software platform allows you to set your  customers up for recurring checking account debits.  You can be confident your payments will be made to you on time.

Benefits:

    * Reduce Invoicing Costs.
    * No opening payments.
    * No bank trips.
    * Increase customer retention.

       -  ACH for carpet cleaning companies met Life customer retention improved  50% or more.

How it works:

You enter customer data into our software (or use an optional check reader), upload the data to our processing centers and the ACH drafts take place. Your money is electronically deposited into the account you specify.  NSF check recovery is built in. Your company can even make money when a customer "bounces" their draft.

Pricing:

Per draft charges start at .32 (32 cents).  Depending upon volume price can drop considerably. We will match or beat a quote upon examination of legitimate proposal.

ACH: Car Rental Companies

Car rental companies have collected payments automatically  and electronically for years. Your business can now join them in this safe and time tested method to collect your receivables through ACH for car rental companies. Our  software platform allows you to set your  customers up for recurring checking account debits.  You can be confident your payments will be made to you on time.

Benefits:

    * Reduce Invoicing Costs.
    * No opening payments.
    * No bank trips.
    * Increase customer retention.

       -  ACH for car rental companies met Life customer retention improved  50% or more.

How it works:

You enter customer data into our software (or use an optional check reader), upload the data to our processing centers and the ACH drafts take place. Your money is electronically deposited into the account you specify.  NSF check recovery is built in. Your company can even make money when a customer "bounces" their draft.

Pricing:

Per draft charges start at .32 (32 cents).  Depending upon volume price can drop considerably. We will match or beat a quote upon examination of legitimate proposal.

ACH: Catalog Sales Companies

Catalog sales companies have collected payments automatically  and electronically for years. Your business can now join them in this safe and time tested method to collect your receivables through ACH for catalog sales companies. Our  software platform allows you to set your  customers up for recurring checking account debits.  You can be confident your payments will be made to you on time.

Benefits:

    * Reduce Invoicing Costs.
    * No opening payments.
    * No bank trips.
    * Increase customer retention.

       -  ACH for catalog sales companies met Life customer retention improved  50% or more.

How it works:

You enter customer data into our software (or use an optional check reader), upload the data to our processing centers and the ACH drafts take place. Your money is electronically deposited into the account you specify.  NSF check recovery is built in. Your company can even make money when a customer "bounces" their draft.

Pricing:

Per draft charges start at .32 (32 cents).  Depending upon volume price can drop considerably. We will match or beat a quote upon examination of legitimate proposal.

Canada EFT Processing

Companies’ having customers in both the USA and Canada have different needs for processing of electronic transactions. While credit card merchant accounts that handle both Canadian and US consumers are easy to acquire, a system for managing both US ACH transactions and Canadian EFT processing are hard to come by. Until now, there has not been a singular platform that integrates both Canada EFT processing and US ACH processing. That's where ePay Canada is breaking new ground.

ePay Canada provides a single processing gateway for both US ACH transactions and Canadian EFT transactions. Additionally, this gateway platform also provides communications to the major credit card processors. This provides merchants a single source for processing credit card transactions, Canadian EFT transactions and US ACH transactions, and reporting is delivered from the same single-source gateway.

Many methods for managing these transactions are provided by ePay Canada, including a web based virtual terminal, hosted secure web payments solutions, sftp batch transmission capabilities and API integrations. The API integration solution will allow app developers and merchants the ability to integrate all these payment methods into their developments to fulfill the needs of credit card and EFT payments for both US and Canadian consumers.

The payment processing engine provided by ePay Canada supports not only single transactions, but also recurring transactions for both credit cards and EFT payments. Automated re-scheduling of ACH and EFT transactions are also supported. This gives the merchant an automated tool for re-submitted EFT transactions that were returned for non-sufficient funds. For a complete overview of Canadian EFT processing, jump over to ePay Canada and have a look.

 

ACH Direct Deposit Stats

NACHA – The Electronic Payments Association survey released in November 2011 shows 66 percent of U.S. small business owners do not use direct deposit for payroll – a decision that can cost those businesses thousands of dollars every year. In addition, the survey calculated only 30 percent of the businesses offering direct deposit have 100 percent employee participation, even though easy ways exist to increase employee enrollment. The survey also discovered that on average small businesses pay 96 vendors a month, and these businesses "could save thousands annually" by switching these vendors to direct payment. NACHA determined direct payment can save up to three days of employee work time annually.In addition, NACHA found checks cost businesses up to $2 each to cut and process, while direct deposit amounts to only 35 cents per transaction; this cost difference could save a business with 100 employees as much as $7,000 a year.NACHA also pointed out that direct deposit is a green service that reduces the carbon footprint of those using it. NACHA and its PayItGreen coalition have developed a free program to calculate carbon footprint savings for switching to direct deposit.

The calculator can be found at www.payitgreen.org/business/dirDepCalculator.aspx.

Direct Deposit is one function of the ACH Network . The employer's bank account is debited for the payroll total dollar amount. ACH Credits are then initiated into the individual employee bank accounts. Typically the debit to the employer account must happen 2-3 days before the employee account is credited.

The rationale behind this timing is one of ACH risk mitigation on behalf of the third party payment processor. An ACH debit is not an instantaneous transaction-it may take 2-3 days before the payroll debit amount to "clear". Without waiting for this important information the third party processor could be crediting the employee accounts with their own funds rather than the employer. 

If you would like to learn about using Direct Deposit visit:

http://www.ACH-Payments.com 

ACH: Bottled Water Distributors

Bottled Water Distributors have collected payments automatically  and electronically for years. Your business can now join them in this safe and time tested method to collect your receivables through ACH for bottled water companies. Our  software platform allows you to set your  customers up for recurring checking account debits.  You can be confident your payments will be made to you on time.

Benefits:

    * Reduce Invoicing Costs.
    * No opening payments.
    * No bank trips.
    * Increase customer retention.

       -  ACH for bottled water companies met Life customer retention improved  50% or more.

How it works:

You enter customer data into our software (or use an optional check reader), upload the data to our processing centers and the ACH drafts take place. Your money is electronically deposited into the account you specify.  NSF check recovery is built in. Your company can even make money when a customer "bounces" their draft.

Pricing:

Per draft charges start at .32 (32 cents).  Depending upon volume price can drop considerably. We will match or beat a quote upon examination of legitimate proposal.

ACH: Boat Storage Facilities

Boat Storage Facilities have collected payments automatically  and electronically for years. Your business can now join them in this safe and time tested method to collect your receivables through ACH for boat storage facilities. Our  software platform allows you to set your  customers up for recurring checking account debits.  You can be confident your payments will be made to you on time.

Benefits:

    * Reduce Invoicing Costs.
    * No opening payments.
    * No bank trips.
    * Increase customer retention.

       -  ACH for boat storage facilities met Life customer retention improved  50% or more.

How it works:

You enter customer data into our software (or use an optional check reader), upload the data to our processing centers and the ACH drafts take place. Your money is electronically deposited into the account you specify.  NSF check recovery is built in. Your company can even make money when a customer "bounces" their draft.

Pricing:

Per draft charges start at .32 (32 cents).  Depending upon volume price can drop considerably. We will match or beat a quote upon examination of legitimate proposal.

ACH: Apartment Rental Facilities

Apartment Rental Facilities have collected payments automatically  and electronically for years. Your business can now join them in this safe and time tested method to collect your receivables through ACH for apartment rental facilities. Our  software platform allows you to set your  customers up for recurring checking account debits.  You can be confident your payments will be made to you on time.

Benefits:

    * Reduce Invoicing Costs.
    * No opening payments.
    * No bank trips.
    * Increase customer retention.

       -  ACH for apartment rental facilities met Life customer retention improved  50% or more.

How it works:

You enter customer data into our software (or use an optional check reader), upload the data to our processing centers and the ACH drafts take place. Your money is electronically deposited into the account you specify.  NSF check recovery is built in. Your company can even make money when a customer "bounces" their draft.

Pricing:

Per draft charges start at .32 (32 cents).  Depending upon volume price can drop considerably. We will match or beat a quote upon examination of legitimate proposal.

ACH: Automobile Dealers

Auto Dealers have collected payments automatically  and electronically for years. Your business can now join them in this safe and time tested method to collect your receivables through ACH for automobile dealers. Our  software platform allows you to set your  customers up for recurring checking account debits.  You can be confident your payments will be made to you on time.

Benefits:

    * Reduce Invoicing Costs.
    * No opening payments.
    * No bank trips.
    * Increase customer retention.

       -  ACH for automobile dealers met Life customer retention improved  50% or more.

How it works:

You enter customer data into our software (or use an optional check reader), upload the data to our processing centers and the ACH drafts take place. Your money is electronically deposited into the account you specify.  NSF check recovery is built in. Your company can even make money when a customer "bounces" their draft.

Pricing:

Per draft charges start at .32 (32 cents).  Depending upon volume price can drop considerably. We will match or beat a quote upon examination of legitimate proposal.

ACH: Associations

Associations have collected payments automatically  and electronically for years. Your business can now join them in this safe and time tested method to collect your receivables through ACH for associations. Our  software platform allows you to set your  customers up for recurring checking account debits.  You can be confident your payments will be made to you on time.

Benefits:

    * Reduce Invoicing Costs.
    * No opening payments.
    * No bank trips.
    * Increase customer retention.

       -  ACH for associations met Life customer retention improved  50% or more.

How it works:

You enter customer data into our software (or use an optional check reader), upload the data to our processing centers and the ACH drafts take place. Your money is electronically deposited into the account you specify.  NSF check recovery is built in. Your company can even make money when a customer "bounces" their draft.

Pricing:

Per draft charges start at .32 (32 cents).  Depending upon volume price can drop considerably. We will match or beat a quote upon examination of legitimate proposal.

ACH: Marinas

Marinas have collected payments automatically  and electronically for years. Your business can now join them in this safe and time tested method to collect your receivables through ACH for marinas. Our  software platform allows you to set your  customers up for recurring checking account debits.  You can be confident your payments will be made to you on time.

Benefits:

    * Reduce Invoicing Costs.
    * No opening payments.
    * No bank trips.
    * Increase customer retention.

       -  ACH for marinas met Life customer retention improved  50% or more.

How it works:

You enter customer data into our software (or use an optional check reader), upload the data to our processing centers and the ACH drafts take place. Your money is electronically deposited into the account you specify.  NSF check recovery is built in. Your company can even make money when a customer "bounces" their draft.

Pricing:

Per draft charges start at .32 (32 cents).  Depending upon volume price can drop considerably. We will match or beat a quote upon examination of legitimate proposal.