Imagine you are a hard-working, self-made entrepreneur who has invested extensive time, money, and creativity in designing an e-commerce enterprise that has optimized product offerings, targeted promotional campaigns, and a seamless customer experience. Suddenly, you receive an email stating that the merchant account has been suspended indefinitely and that the...
E-Check Payments: How They Work and When to Use Them
E-check payments, or ACH debits, transfer money quietly and automatically behind the scenes, with billions of dollars being processed each day. For merchants suffering from excessive card fees and the complications of paper checks, e-checks have the advantage: lower costs of processing, better control over settlement time and greater flexibility...