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 credit cards.
In addition to increasing e-Retailing sales, eChecks are also well suited for
recurring payments such as monthly fees and memberships.
There are a few types of businesses for which Electracash will not process
eChecks. Click here for more information.
eChecks are suitable for almost everything that is sold or collected via the
Internet. Merchants in industries with recurring payments (such as
subscription- and member-based applications) and/or returning users (e.g.,
e-Retailers with a loyal customer base and utilities) are among our happiest
customers.
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Entertainment
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Utilities (gas, electric, water, waste management), Insurance, and Property
Management
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Loan Payments: Auto, Boat, Rent, Mortgage, Education, others
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Education: Tuition, Extra curricular program fees, Special event fees, etc.
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Charitable Contributions and other Non-Profit Organizations
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Airlines, Hotels, Car rentals, Travel web sites, Online ticketing integrators
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Health Club and Gym Memberships
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Home Owner's Associations, Clubs and other Membership Organizations
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Subscriptions
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Recurring payments, returning users: for merchants that have subscriptions or
other pre-authorized transactions that recur on a regular schedule, and for
merchants who have loyal users who often purchase from the same site
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Biller-direct applications, such as online utility payments made directly
through the utility's web site
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Travel-related payments , such as airfare, auto rentals, and hotel rooms
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Convenience pay applications: hosted pay page wherein the consumer pays a
“convenience fee” rather than the merchant paying the ACH processing fees
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Business-to-business payments: processing eCheck transactions from businesses
paying other businesses
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Canadian payments: processing eCheck transactions from consumers and businesses
with Canadian checking and/or savings accounts
