Electronic Checks (E-Check) High Risk Payment Processing

High risk payment processing is made easy with electronic checks (e-checks) from The Transaction Group (TTG)! And, the cost is lower than typical high-risk merchant account rates and fees!

If you own or manage a business that the banks classify as high-risk, you’re probably aware that getting approved for a high risk merchant account can be very difficult. The process of finding providers, completing lengthy applications, waiting and then ultimately being declined can be taxing.

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.

Here’s the good news. With TTG’s e-check program, there’s no need for a merchant account! This domestic payment processing solution is ideal for all businesses, especially high risk industries that sell products or services online.

Our electronic check program (also known as check 21) is a unique paperless checking solution that allows customers 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.

Merchants will receive funds from sales as early as the same day. E-checks clear in as little as 2 business days. When the e-check clears, the order can be processed and forwarded to the customer right away.

This Electronic checks solution is a great merchant account alternative for all high risk businesses including:

  • Adult products & services
  • CBD (cannabidiol) oil
  • Collection agents
  • Fantasy sports
  • Medical marijuana delivery services
  • Nutraceuticals & supplements
  • Online gambling & gaming
  • PC tech support
  • Vaporizer (vapes)

Customer credit card chargebacks are historically common among high risk businesses. With even just a few chargebacks, a business can have their funds seized and merchant account terminated. With e-checks, chargebacks are non-existent!

Your time is valuable. No longer will it be wasted searching for a credit card processor that will approve your business type. Approvals for our e-check solution are fast and easy!

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 high risk business.

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

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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.

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