|
Save
75%
or more
by using the ACH System
Did you know that taking ACH
(electronic) checks through Electronic Payment Services can save you 75%
or more vs. taking payment by credit card! See the example below:
Let's take a typical
example:
A merchant is selling a product on their website
and now takes only credit card payments.
|
The cost comparison:* |
Transaction
Amount |
Discount
% |
Processing
Fee |
Total Cost |
Savings |
|
Credit Card |
$200.00 |
2.5% |
.29 |
$5.29 |
|
|
ACH Check by Phone |
$200.00 |
0.0% |
.29 |
$0.29 |
$5.00 |
|
*This is a typical example.
Saving may vary. Discount fees may apply to higher risk accounts. |
|
If you multiply that $5.00 per transaction
times 1000 transactions per month the merchant just saved $5,000.00 per month
or $60,000.00 per year! That's bottom
line dollars in your company's pocket. |
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Allow your customers to select their payment method
It's a WIN-WIN for you and your
customers. You give them another popular option for making payment,
while at the same time lowering your cost of taking that payment.
How can you
take advantage of this new payment option?
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We can set you up to take
electronic checks and integrate your current credit card company onto
our software & use our system for both types of payments.
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We can set you up to do only electronic checks on our software.
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We can set you up with electronic checks and our credit cards on our system.
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We will
provide you with the solution you need depending on your situation.
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