Authorize.Net's eCheck.Net is a payment solution that allows online and traditional merchants to accept and process electronic check payments either directly from their Web site's storefront or through the Authorize.Net™ Virtual Terminal.
With eCheck.Net, customers pay for a purchase with an electronic
check by selecting the electronic check option and entering the
requested bank account information. eCheck.Net encrypts the data
using Secure Socket Layer (SSL) 3.0 encryption technology and
transmits it to the secure server for posting. Transactions are
automatically settled each day. Authorize.Net initiates a debit
to the consumer's checking account via the Automated Clearing
House (ACH) and then transfers collected funds to the merchant's
account. The eCheck.Net system notifies merchants of failed debit
attempts, including "Not Sufficient Funds” returns.
Traditional merchants without commerce-enabled Web sites can also use eCheck.Net to handle periodic billing. ISPs, ASPs, membership companies and subscription-based services are all examples of businesses that regularly deduct funds from customers' checking accounts. Of course, written customer authorization is always required, and merchants must apply to be approved for the eCheck.Net service prior to performing these types of transaction.
Low Monthly Rates*
* These rates are for informational purposes only. BillMax has no control over these rates. Rates are subject to change without notice.