eChecks will save up to 50% per transaction for e-businesspeople

Apex Merchant Solutions (http://www.apexamsne.com, founded 2004), a leading independent sales office providing a comprehensive suite of payment processing products and services (credit card processing, e-check conversion and solutions, on-site ATMs, Bill Pay kiosk terminals, gift and loyalty cards) for retail, e-commerce, restaurant, professional and mobile businesses, today declared the availability of eChecks for its merchant clientage. eChecks lets e-commerce sites’ visitors pay for their purchases through checking accounts (business or personal).

eChecks costs merchants – including most e-commerce and business-to-business companies – 1.5-2.0% per transaction (which is 40-50% less than 2.5-4.0% for credit-card processing) and also makes about 10 million online households accessible without a credit card, providing an additional income flow for the merchant. It is additionally featured with user authentication, age verification and a reduced liability window for chargebacks (60 days compared to 180 days for credit cards). "eChecks is an ideal solution to increase your customer base, provide a convenient alternative for your e-commerce visitors, and reduce your cost of accepting payments. It may be used for almost anything sold over the Internet and is rapidly growing in size and popularity," Linda Thompson, President of Apex Merchant Solutions, said.

eChecks also offers extra service options such as payments/returns management, OFAC compliance and Canadian ACH processing. "Offering eChecks is a matter of simple arithmetic. Many more potential buyers use a checking account than a credit card. And those with both may experience temporary financial constraints regarding one or the other," Ms. Thompson added.