High risk echeck and high risk ACH processing is on the increase in the world today. These merchants have started working with echeck and ACH processing as a better solution for accepting payments. Customers feel that making a payment without the risk of missing their credit card statement is a good idea for them. High risk merchants have realized that they will be paying lower costs and fees with this type of processing system as well as not having to pay additionally for payment services as they were when they accepted credit card and debit card payments.
Consumers today are trying to decrease their costs and spending. Echeck and ACH processing is a great way to make sure customers are not overspending since they will be able to spending only what they have in their bank account. These merchants will run transactions for the amounts of the invoices and the payment will be deducted from the customer’s bank account and there will not be any additional fees or interest payments that will need to be made. High risk merchants will save money from the high cost of processing credit card and debit card payments and the savings can be passed along to the consumer.
Contact one of our helpful account representatives to assist you in the setup of a high risk merchant account or offshore merchant account for a high risk merchant.