#e check processing

[sarahbrgrn]

Electronic check processing provides numerous added benefits. The application procedure to use e-check processing is normally quick and easy, and approval typically requires a day or two.

[confidentialbanking]

What is e-check processing?

Today with the advent of new technology, funds are easily transferred electronically from a customer or client’s bank account directly to your bank account. This new technology is e-check processing. E-check processing is the check cashing made easy, a hassle-free and inexpensive way to get paid faster. This process offers many benefits for merchants. It eliminates the need to take checks to the bank and speeds up deposits. You need not have to complete check deposits slips anymore with this provision. It also reduces the chances of checks getting stolen or lost before they are deposited.

E-check processing starts when a customer writes a paper check at the point of sale. The in-charge or the clerk runs the check through the reader or imager that captures all relevant information including the check number, account number, and the routing number. The clerk also puts additional merchant-related information to complete the one-time payment from the designated account. The check is verified or guaranteed by the provider. The verification depends on merchant’s agreement with their payment processor. A receipt is generated and printed for the check writer to sign. It is voided and returned back to them. Now the merchant uploads the captured check information to their payment provider for processing. The proceeds are put into the merchant’s account within 1 to 2 business days.

There are many service providers that offer an array of e-check processing programs. They also provide offshore merchant account services and offshore company formation services.

Read More at : http://www.confidentialbanking.com

[jamesclarkee]

Smarter Charge Card Options For Your Adult Business

The "Adult" industry has been classified high risk by the banks and credit processors that operate in the retail sphere.  As a result, many legitimate businesses that promote sell or are involved in areas regarded as adult, pornographic or xxx rated, find it practically impossible to process checks and credit cards in a reasonable fashion, with reasonable rates, as do merchants in industries regarded as normal.   Painless Solutions has the answer. We understand the nature of the adult business and have had years of experience with it. We have built a trusted network of adult merchant account companies associates of and financial sources w ho are willing and able to work with the risk and provide a processing network that delivers your cash on time. Your cash flow will not be interrupted, which allows you to maintain a steady stream of business. As lucrative as the Adult business can be, it can only maintain that profit if credit can be exchanged for cash quickly without exorbitant rates for processing.   Most banks try to avoid the adult industry completely. Those that do get involved, usually charge adult businesses exorbitant rates and subject them to annoying oversight and procedural problems. Not so with Painless Solutions, our approach is completely different. Our proven adult merchandise account companies provide a high level of service and treat adult businesses fairly. We understand the specific issues problems relating to recurring charges for subscriptions or memberships. We find high risk processors to run your charges seamlessly through PCI compliant banking solutions and customized gateways that automatically process all your adult business transactions.   There are a number reasons why most banks regard adult industry as risky. A major problem retailers and processors run into are chargebacks, which occur with great frequency in this category. Customers who buy adult products are responsible for an amount of chargebacks that are higher than the chargebacks in normal retail situations. An excessive number of them can be the cause for revoking the charge account therefore losing the capability to process Visa and Master Card charges.   That is a reason why it is important to use a high risk credit processor that understands the issues involved with the Adult market. And once again, that is exactly what Painless Solutions can do for you. We will find adult merchant account companies that understand your business.  If you currently operate   any of the businesses listed below, call Painless Solutions for additional information about adult merchant account companies.   Adult Video Websites, Toy stores, Websites, Webcams, Escort Services, Adult Toy Stores, Adult Toy Website, Adult Webcams, Escort Services, Strip Clubs, Phone Sex hotlines, Lingerie stores. Massage parlors, Sexual Enhancement products fall into the risky category. Painless Solutions can find a processor for your class of business. If you are not certain your business requires an adult merchant account, call for information and a quotation for your specific business category. Painless Solutions can be contacted for information about adult merchant account companies 24 hours, 7 days a week at 877-996-2795.