E-Checks - Paperless Checks For Your Online Business
Latest figures reveal that many online customers do not have a credit card or are hesitant to use it for their online purchases.
Also, a good 20% of all transactions online are check-based.
If you are running an Ecommerce business, can you afford not to honor checks? There's the rub, however.
Mail order checks usually encounter problems such as clearing of checks, which can take up to two weeks to clear.
This may be a hassle on the customer's end, as he will have to wait until the check clears in order for the purchases to be shipped.
There is also the risk of shipping out the order after receipt of payment, which some companies apply, since there is the possibility of a bounced check.
Now, your online business can get fast and less risky verification of your transactions with an e-check.
This payment option allows your customer to place their order and then submit their banking information such as checking account number and bank routing number.
Their check number may also be required, in some cases.
The e-check option is a very good alternative for online sellers who are not keen on the idea of offering mail order check payments for their customers.
With an e-check, information is verified right away, after which you print out a check and then deposit it to the bank, the same way as you would a regular check.
A lot of merchant accounts that accept e-checks usually have an eft option, in which the funds are deposited to your checking accounts automatically.
In some ways, banking information can require more caution than credit card information, as some banks do not protect against fraud when it comes to checking accounts.
Make sure you provide your customers a secure environment for them to enter in their information.
Moreover, an e-check payment option is also an excellent temporary solution if you are experiencing difficulty with getting a merchant account approval, up until you find one that works best for your online business.
Whatever payment processing service you find, it is always smart to understand what they offer before making a commitment.
Selecting a credible and well-known service can help build trust from your target market.
Select an online payment processing service that allows your online business to honor e-checks.
Some of the most popular services are Authorize.
net, Google Checkout, VeriSign and Paypal Payflow Pro.
To accept e-checks on your e-commerce site, here are important things you should follow.
For one, your payment gateway must use SSL encryption.
You also need to obtain a valid security certificate for your site.
This way, you assure that your customers are protected and when it comes to submitting sensitive banking information.
Design a professional-looking website.
Your customers will feel safer and more secure when you do so.
Picture this out, even if your website already has the encryption, valid security certificate and the guarantee of security and protection, if your interface looks foolish, then your potential customers will more likely veer away from your site.
Know which layout, colors and text best suit your business and which you think your target customers will positively respond to.
Get a skilled graphics designer to do the job, unless you are one, yourself.
Remember that your website's look can influence how customers feel about whether or not they should do business with you.
When setting up your business, it is essential to select the right ecommerce web hosting service.
You want your online business to attract customers, not alienate them.
There are a number of ecommerce web hosting services who provide their clients quick, quality personalized features that allow your online business to gain web presence at a budget you can afford.
Getting the right ecommerce web hosting provider can give you the usability, customer service support and reliability that are essential for your business's sustainability.
There are a number of good reasons for getting a good web hosting service.
For one, you get flexibility and dependability for your account.
This way, you don't tie yourself down with a low-end web hosting service.
In addition, ecommerce web hosting is also great for website developers or designers since you can divide your account with ease.
Shopping carts are typically incorporated in most web hosting plans, making it easier and more convenient to sell your products.
While e-checks may be a good payment option for your customers, make sure to still cater to other payment options that are convenient for them.
Your customers may still prefer to use their credit or debit cards, mail order checks (if accepted), PayPal accounts and other payment modes.
After all, customers are always first.
Also, a good 20% of all transactions online are check-based.
If you are running an Ecommerce business, can you afford not to honor checks? There's the rub, however.
Mail order checks usually encounter problems such as clearing of checks, which can take up to two weeks to clear.
This may be a hassle on the customer's end, as he will have to wait until the check clears in order for the purchases to be shipped.
There is also the risk of shipping out the order after receipt of payment, which some companies apply, since there is the possibility of a bounced check.
Now, your online business can get fast and less risky verification of your transactions with an e-check.
This payment option allows your customer to place their order and then submit their banking information such as checking account number and bank routing number.
Their check number may also be required, in some cases.
The e-check option is a very good alternative for online sellers who are not keen on the idea of offering mail order check payments for their customers.
With an e-check, information is verified right away, after which you print out a check and then deposit it to the bank, the same way as you would a regular check.
A lot of merchant accounts that accept e-checks usually have an eft option, in which the funds are deposited to your checking accounts automatically.
In some ways, banking information can require more caution than credit card information, as some banks do not protect against fraud when it comes to checking accounts.
Make sure you provide your customers a secure environment for them to enter in their information.
Moreover, an e-check payment option is also an excellent temporary solution if you are experiencing difficulty with getting a merchant account approval, up until you find one that works best for your online business.
Whatever payment processing service you find, it is always smart to understand what they offer before making a commitment.
Selecting a credible and well-known service can help build trust from your target market.
Select an online payment processing service that allows your online business to honor e-checks.
Some of the most popular services are Authorize.
net, Google Checkout, VeriSign and Paypal Payflow Pro.
To accept e-checks on your e-commerce site, here are important things you should follow.
For one, your payment gateway must use SSL encryption.
You also need to obtain a valid security certificate for your site.
This way, you assure that your customers are protected and when it comes to submitting sensitive banking information.
Design a professional-looking website.
Your customers will feel safer and more secure when you do so.
Picture this out, even if your website already has the encryption, valid security certificate and the guarantee of security and protection, if your interface looks foolish, then your potential customers will more likely veer away from your site.
Know which layout, colors and text best suit your business and which you think your target customers will positively respond to.
Get a skilled graphics designer to do the job, unless you are one, yourself.
Remember that your website's look can influence how customers feel about whether or not they should do business with you.
When setting up your business, it is essential to select the right ecommerce web hosting service.
You want your online business to attract customers, not alienate them.
There are a number of ecommerce web hosting services who provide their clients quick, quality personalized features that allow your online business to gain web presence at a budget you can afford.
Getting the right ecommerce web hosting provider can give you the usability, customer service support and reliability that are essential for your business's sustainability.
There are a number of good reasons for getting a good web hosting service.
For one, you get flexibility and dependability for your account.
This way, you don't tie yourself down with a low-end web hosting service.
In addition, ecommerce web hosting is also great for website developers or designers since you can divide your account with ease.
Shopping carts are typically incorporated in most web hosting plans, making it easier and more convenient to sell your products.
While e-checks may be a good payment option for your customers, make sure to still cater to other payment options that are convenient for them.
Your customers may still prefer to use their credit or debit cards, mail order checks (if accepted), PayPal accounts and other payment modes.
After all, customers are always first.
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