ACH Processing Account

With an ACH Processing Account, ACH transactions can take the place of credit card processing at a reduced cost especially for high risk companies. ACH processing (or Automated Clearing House) is very popular today, especially with its wide range of use in processing a large multitude of banking transactions that allow you to debit customers bank accounts.. ACH involves a complicated network of financial transactions in the United States. ACH transactions draw directly from your customer’s checking accounts, which yields both positive and negative results. ACH check transactions open up a business to consumers that do not have credit cards or who cannot use them due to credit limits. Having the availability of ACH transactions, a business does not lose out on possible transactions with potential customers and by utilizing this service can reduce their overall chargebacks or processing costs.

Getting approved for ACH processing is essentially the same as getting set up for a merchant account in terms of paperwork and documentation.. The application process requires businesses to demonstrate their credibility through their history of past transactions and processing or strong financial history or credit rating of the business owners. In addition, the business must explain their charging and refund processes as it requires high security when you have access to many customers bank accounts.. Aside from any paperwork, however, an established business with a history of transactions will not have much difficulty obtaining approval for ACH processes and Painless Processing makes the process as easy and Painless as possible. The approval may not be the biggest hesitation to undertaking ACH check processing. These transactions are problematic because the ACH network includes a number of regulations that may seem restricting and demanding to a business but Painless Processing’s experts can assit you in making sure to make any regulatory compliance simple.. Check 21 processing is another option that may prove to be less restricting but just as beneficial to your business.

Benefit from lower fees with ACH check processing generally half the cost of traditional merchant card processing. One of the major reasons that ACH processing may get complicated is because since they are linked directly to bank accounts, it means that there may be cases where there are insufficient funds or returned checks. Such cases are comparable to chargebacks and the process may take longer than a credit card transaction that ensures there are funds for payment. Oppositely, one of the main benefits to ACH check processing is that the transaction and processing fees are lower than for credit card transactions. It is important to keep this in mind when your business is thinking of including high risk or even entry level to low risk ACH processing in their model. It is currently common practice in the United States for people to be involved in some sort of ACH transaction for recurring bills (rebills) or subscriptions so this should be of comfort to your business if there is hesitation to conduct ACH processing. Painless Processing can make the recurring billing portion of your ACH account simple with our gateway that automates the entire process. Contact Painless Processing today to get started with an ACH Processing Account. Several common industries that utilize this type of processing in the high risk sectors are adult, warranty sales, online pharmacy, outbound telemarketing, financial and computer consulting services, debt consolidation, and many other subscription based web services.
 
Offshore ACH & Check 21 Processing

A new and unique solution offered by Painless Processing is a package that allows merchants who have foreign entities, and have offshore (non-USA) business bank accounts to process and accept ACH & Check 21 transactions originating from the United States. We know the demands of global merchants all around the world who sell products and services to customers in the United States whether it be through means of the internet or through telemarketing or through wholesale endeavors. This solution will simplify your processing of your global ACH –Check 21 transactions by allowing you to consolidate your ACH and Check 21 processing into this simple solution. Immediately you can eliminate trips to the bank or long delays in clearing foreign checks. Painless Processing promotes a global marketplace by making the setup process simple with the below requirements:

•     Company must have strong financial history
•     Company must not have excessive chargeback history where there is processing history
•     Company must have a business bank account in the country it is incorporated in
•     Company must be processing transactions originating in the United States.
•     Their Company must be in good standing in their respective country

Our payment gateway makes the ability to process recurring or continuity ACH & Check 21 transactions a breeze and can be easily integrated with your shopping cart or checkout page. Our Virtual terminal makes over the phone transactions simple to process and book on a secure platform. Weather you offer software or computer consulting in India, an Online Pharmacy in the Caribbean, a call center in the Philippines, or an Adult Site in Europe, our Offshore ACH-Check 21 solutions will help process your transactions in a safe, easy, reliable and cost effective manner. Feel free to call one of our experts today to get started on your account.