Updated: Dec 19, 2019
Before we get into the benefits of how our integrated eCheck and credit card processing platform will help you to streamline efficiencies, we need to know what an eCheck is.
An eCheck is basically a check in an electronic form versus paper. Also known as a virtual check. eChecks are another type of payment where a customer's funds are transferred electronically to the merchant's (you) account over the ACH (Automated Clearing House) network. Your customer would provide the check information either over the phone or online versus mailing a check. In order for this to take place the merchant (you) would need an eCheck | ACH account. Pretty simple to understand.
So what are the benefits for Insurance Agents. For starters our eCheck | ACH deposits are quick. Standard deposits are 2 day with a same day option. In addition, eChecks are a fraction of the cost versus credit card transactions which will save you a lot of money. To add, offering convenient payment options to your customers creates longer lasting relationships. Lastly our platform gives you the ability to charge a convenience fee to both eCheck and credit card transactions which will save you thousands of dollars.
By using our payment platform you will be able to accept ach echeck payments online streamlining your payments processes. Features like these will free up time for you:
Accept eCheck ACH payments and credit cards over the phone - Easily accept payments over the phone through our virtual terminal
Accept ach payments online - We make this possible. Give your customers the ability to pay online
Recurring billing for both ACH and Credit Cards - Automate your payments processes and save time.
Send e-invoices to your customers giving them the option to pay from anywhere
Our integrated eCheck and credit card processing capabilities will greatly enhance your agency. Contact us to discuss how we can help.