ACH / E-Check Payment Processing

Payment processing is made easy with ACH / electronic checks (e-checks) from The Transaction Group (TTG)! ACH / e-check is a great payment processing solution for many businesses.

ACH for High Risk Merchants

Many businesses that fall into the high risk classification have a difficult time getting approved for a traditional merchant account. Completing lengthy applications and submitting excessive amounts of support documents and waiting weeks only to be declined can be taxing for any merchant. Merchants that are lucky enough to get a high risk merchant account pay for it with high rates and fees.

Customers want to buy your products or services, but unless you’re willing to pay extremely high rates and be burdened with the risk of an offshore merchant account, you’re sort of out luck with a traditional merchant account solution.

ACH is ideal for these high-risk online merchants that can’t get approved for traditional merchant accounts or those that do not want to pay high rates and fees. And for some high-risk businesses, an ACH payment solution is the only option.

ACH for Recurring Payments

ACH e-check is also ideal for merchants that collect recurring customer payments from customers.

Many merchants that bill for services on a regular basis keep customer credit cards on file to have recurring payments automatically charged on a particular schedule. In many cases, these merchants auto bill on a monthly basis.

What most merchants do not realize is that these card-not-present transactions can cost them 3-4% each time. Or perhaps, these merchants do not realize there’s a more economical option: ACH.

With the ACH solution, a digital check or e-check is created to automatically draw a specified amount directly from the customer’s bank account on the particular schedule. The check is deposited directly into the merchant’s account within 2 days.

Although the fee can vary slightly, the fee for the transaction is typically about ½ of a percent. The difference in the credit card processing fee and ACH fee can save a merchant a lot of money each month, especially when the merchant has many customers on their recurring billing schedule.

About our ACH Solution

With TTG’s e-check program, there’s no need for a merchant account for high-risk online businesses. Some low-risk businesses may elect to have a merchant account for standard sales transactions and use ACH solely for their recurring billing.

ACH is an electronic check program that uses a unique paperless checking system. Customers can make payments for purchases via their bank account rather than with a credit card. All the customer needs is their bank name and account and routing numbers to complete the transactions.

  • System instantly verifies with customer’s bank about availability of funds
  • E-checks clear in a little as 2 business days
  • Receive funds from sales as early as same day
  • Non-existent chargebacks
  • Fast & easy approval process
  • Much less expensive than credit card processing
  • Domestic banking solution

Call us today at 888-383-8056 to find out about the low rates and fees for our e-check payment processing solution and how it can work for your business.

Contact Us

Need immediate assistance? Complete this form or call us today at 888-383-8056.

Are you shopping for a better rate? Let us save you money!

Most merchants are unaware that interchange rates are adjusted as much as 2x per year. Over the course of several years, those adjustments can hike up a merchant’s rate and cost the merchant thousands in processing fees. Contact us via the form above, or call us today at 888-383-8056. Chances are, we can save you up to 25% over your existing rates and fees!

Why do businesses choose to work with The Transaction Group? 

  • We aim for 100% customer satisfaction. We understand that the customer comes first. At the end of the day, if the customer is not happy, we’re not happy.
  • We offer a FREE rate analysis to every business. In most cases, we can save a business up to 25% on existing rates and fees. But if we can’t beat a customer’s rate, we’re upfront from the start. We don’t waste the customer’s time.
  • We are reliable and always available. If a customer has any concerns, we’re available even after business hours. We’ll address any issues immediately.
  • We don’t believe in one-size-fits-all.We provide solutions based on the specific requirements of each and every business. What’s best for one small business may not work for another.
  • We have a fast & easy setup process. In most cases, we offer a fast and easy approval and set up. While some high risk businesses can have longer underwriting times, we keep the customer informed throughout the process and work for fast approvals.
  • We have solutions for every business type. From low-risk card-present credit card processing solutions to payment processing solutions for high risk e-commerce stores, we’ve got it all.

Let’s Work Together.

At The Transaction Group, customer satisfaction is our priority. Allow us to show you what we can do for you.

Let’s Work Together.

At The Transaction Group, customer satisfaction is our priority. Allow us to show you what we can do for you.