CASH DISCOUNT
Tired of paying processing fees? We understand the pressure that processing fees can place on a business owner, which is why we are offering a “Cash Discount” option to your customers. If they pay in cash, they receive a small discount, and if they pay by card, they pay the full price of any item, including the processing fees.
ACH PAYMENT PROCESSING
Making services easy for your customers is the most crucial decision for the success of any small business. It’s from this point of view that businesses tend to accept payment means that customers want to use. Even small vendors operating part-time independent enterprises are now accepting credit cards. Similarly, companies, especially those that rely on eCommerce, have turned to the ACH payment option due to its accessibility. Regardless of your line of business, here is why you should make ACH a payment option for your customers.
Affordable option
Processing checks mean that your business has to wait for the payment to clear, and your customers have to maintain a physical checkbook and pay for the supplies. With ACH, the amount is deducted from a checking account without any of these extras. Therefore, your customers can use the ACH payment option without running through a limited supply of paper checks. Besides, the processing amount charged for transactions is usually lower than what you would be charged for a similarly sized credit card transaction.
Makes Managing Your Finances Easier
Once payment is authorized, card payments can take up to five days to reach your checking account, and checks take even longer. On the other hand, an ACH payment is processed right away, so you have the cash on hand when a customer leaves the store, or an order is processed for shipping, for online transactions. Undeniably, its smart business to go for a payment method that reduces the gap between when a transaction is processed and the cash being deposited into your account.
Transactions Complete Faster Than Paper Checks
Unlike what happens with checks, with ACH, you don’t have to worry that a transaction will bounce. ACH is verified and cleared ASAP, lowering your overall costs and minimizing customer fraud. Typically, it’s harder to reverse an authorized transaction than put a charge-back into motion, which requires you to authorize the refund.
Widen Your Customer Pool
Online companies stand better chances of growth when they take on ACH processing. For companies that serve other businesses, ACH will enable their client to pay electronically without depending on options that charge high-interest rates, such as business credit cards. Customers can pay directly in installments for large orders and payment agreements as a project is completed. The same case goes for public-facing companies who are enabled to reach customers who are reluctant to use their credit or debit cards for their own reasons.
Attract Customers With Forward-Thinking Policies
Even when your customers still opt for credit or debit card transactions, they’ll remember you offering the broadest range of payment options. This sets you apart from your competitors by communicating a willingness to be flexible in service. It can also be a good word of mouth marketing because people who use ACH will likely tell that you’re offering this option.
Finding the Right Payment Processor
ACH payment processing is separate service from other electronic payment methods such as NFC chips and credit cards and therefore requires its own payment processor. However, that’s not always the case. When you work with a service provider who offers both options, you get the opportunity to streamline your POS setup and payment management for the new payment option. ACH payment is a more straightforward option, which means fewer hassles for you.
Let your customers know that you can accept direct payment via ACH whenever it suits their needs. It’s an incredible addition to your existing payment options online and off, that enables you to reach your customers wherever they are.
EQUIPMENT
We offer a variety of leading POS systems with the ability to be personalized according to your merchant customer’s needs.
- Terminals: POS terminals for you to easily accept card payments instore.
- Portable Terminals: A simple solution for taking card payments on the go.
- Plug In Terminals: A plug-in attachment for your phone or any portable device.
- Virtual Terminals: A web based application for processing card present, card not present and recurring payments.