Get faster access to funds, minimize risk, and reduce costs.
Businesses increasingly use ACH for customer payments rather than credit/debit cards as the baseline cost for Electronic Checks is, in most cases, less expensive than paying the interchange, dues, fees, assessments, authorization fees, and compliance costs associated with credit/debit card transactions.
Our Electronic Check Service reduces the risk and cost associated with accepting checks. ECS converts all paper checks – consumer and business – into secure, efficient electronic transactions. By submitting checks through the same system that you use to authorize credit cards, you can lower costs and accelerate your cash flow.
NLP Secure supports multiple ways to process electronic check transactions, offering a variety of robust and secure electronic check processing solutions:
- Website payment portals
- Donation portals
- Virtual terminals
- NACHA file exchange
- Automated recurring payments & donations
- eCheck tokenization securely stored on file in a payment vault
- APIs and gateways
The Automated Clearinghouse (ACH) processing network is an electronic network for financial transactions in the United States. The rules and regulations are managed by NACHA and the Federal Reserve.