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(971) 223-5632
Batch Check Payments
ACH can also mean Automatic
Clearinghouse. ACH is a form of e-payment or electronic payment. There
are two ways payments can be transferred:
(1) by wire transfer, or
(2) through an automated clearinghouse.
Wire transfer is an e-payment
system that is designed to handle high-dollar, time-crucial payments,
usually between large banks. ACH is designed to be an e-check or
electronic check. Unlike the wire transfer, it is usually used to
process higher volumes or small-dollar payments for settlement issues
within 1 to 2 business days.
All ACH transactions are
settled pretty much the same way checks are. The clearinghouse takes
all of the ACH files received daily from member banks, it then divides
them by the originating bank (where the check was either cashed or
deposited) and the paying bank (the bank where the check was drawn),
then it totals the accounts, and credits or deducts the accounts
accordingly.
Why InfoMerchant/Fasttransact?
Fasttransact provides innovative and integrated merchant account
services, providing the terminal management, the Internet payment
gateway, the customer support, the transaction processing for credit
card, debit card and check related services. Fasttransact also offers
and provides
online or offline reporting services, consolidating the billing of
services. With Fasttransact, merchants do not need to go somewhere else
to get what they need. We also handle International Merchant Accounts,
Offshore Merchant Accounts, High Risk and basically any solution
deemed possible.
LEARN
MORE!
If you are
currently processing ask us how we can help you switch (fast and easy)
Allow
us to understand and fulfill your payment processing needs and combine
them into one comprehensive solution uniquely designed for you the
merchant, your business, and your budget. Customized quotes are just a
phone call away or fill out our online form and a customer service
representative will call you.
ALL major credit & bank cards accepted along with checks
Single-source merchant services
Choice of equipment terminals (ask us what better suits your needs)
Online reporting / transaction management/ monthly statements
In-house RISK / UNDERWRITING departments
No High Prices
Discount POS Terminals and Equipment
Low Rates and Processing Fees
Quick Installation
Easy and Fast Approvals
Developer Support for Programmers
Real Time Internet Payment Processing
Experienced Company That You Can Trust
customer
Terminal Sales
(U.S. & Intl.)
ORDER ONLINE
Merchant Account Sales
(U.S. & Intl.)
(971) 223-5632
Quick
Apply (Short merchant
pre-application form)
Not Happy with your Current
Processor?
Give us a call!
SPECIAL DISCOUNTS for
churches & non-profit companies
Email
contact: InfoMerchant
Visit our
InfoMerchant Free Business Listing in the National Merchant
America B2b Directory. Check
out InfoFAQ
Shopping Guides for useful information.
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Account Info
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