eChecks via Electracash enable merchants to capture online sales from consumers and businesses in the US and Canada. By including eChecks as a payment option, businesses are able to serve the 89 million US households that have checking accounts, including the approximately 10 million that do not have a credit cards. In addition to increasing e-Retailing sales, eChecks are also well suited for recurring payments such as monthly fees and memberships.


eChecks via Electracash enable merchants to capture online sales from consumers and businesses in the US and Canada. By including eChecks as a payment option, businesses are able to serve the 89 million US households that have checking accounts, including the approximately 10 million that do not have

Incremental Sales
After providing an eCheck payment option to their customers, web-based merchants have reported incremental sales as high as 20%.

Strengthened Customer Relationships
Customers appreciate having payment options. Merchants meeting this demand create convenience for their customers, resulting in greater customer satisfaction.

Increased Market Share
Since an estimated 40% of all consumers have neither a credit card nor access to a credit line, offering electronic checks as a method of payment is an attractive alternative and facilitates faster online sales.

Expanded Payment Options
Offering more payment options to customers gives them the convenience and flexibility to choose their preferred payment method. 20% of online transactions are check-based. When merchants market their eCheck acceptance, their customers often prefer this payment option.

Improved Cash Flow
Funds from ACH payments arrive more quickly than paper checks. These early and on-time payments improve cash flow.

Reduced Administrative Costs
eChecks are the lowest cost transactions to merchants versus other forms of credit and debit payments. Paperwork, hassle, and potential fraud risk are reduced, resulting in significantly decreased administrative costs.