How Accept-A-Check Works
Customer completes your online order form, providing checking account
information. Submitted form is accepted by OnlinePaymentSolutions's secure
server via a secure SSL socket. Customer's ABA information is immediately
verified against a national database. Order confirmation is sent to you and to
your customer. Using a computer system not connected to the Web, FiNET (the EFT
processor) will initiate an electronic funds transfer (EFT) from your customer's
bank account to yours.
Additional Payment Acceptance Ability
The more payment options that are available to your customers, the more likely
it is that they will purchase from you. Though much of the buying public uses
credit cards, many consumers either do not hold them or prefer not to use them.
Only one out of four checking account customers hold credit cards with available
lines of credit. No credit card merchant account is required. Instead of waiting
for the "check in the mail" and matching payments to orders, Accept-A-Check
enables you to accept secure payments online. Billing expenses such as postage,
invoicing, and bookkeeping are eliminated.
No Hardware or Software Required
Accept-A-Check is included in our suite of services and is quickly and easily
integrated into your existing online order forms. No software or hardware is
required by you or your customers! Once our services are in place on your site,
your work is done. When a customer places an order on your site, you and your
customer receive immediate verification of the order. The information you
receive includes the customer's name, address, phone number, e-mail address,
items ordered, and the order total.
Eliminate the Need for Your Own Secure
Since we offer complete security on any Internet site, you eliminate your need
for a secure server.
EFT Processing Fees
In order to use Accept-A-Check, you must have an account with FiNET, a trusted
EFT processor. FiNET's fees are above and beyond our prices. Accept-A-Check is
available once you have registered with us. To begin accepting EFT payments, log
in to our merchant area, then complete and submit the form there. We will
forward your information to FiNET, who will contact you to complete the setup
process. Rates are as follows:
No Application Fee
No Discount Rate (transaction percentage = 0%)
Transaction fee: $0.50
Returned item fee: $1.50
Monthly maintenance fee: $15.00