Are you looking to reduce the cost for processing payments? You can now offer eChecks with automated processing through CircuiTree as an alternative to credit cards.
With eChecks, processing costs are much lower than credit cards:
- 0.75% processing
- $0.25 per transaction
How does the process work?
Each night, CircuiTree will automatically process the eCheck payments for you, the same way as credit cards. Within 2-3 business days, funds will be deposited directly into your bank account.
In terms of your customer’s experience, all they need to do is enter their checking account information instead of their credit card to process payment.
How can I start offering eChecks?
- Have a controlling officer in your organization complete a TogetherPay ACH Merchant Application.
- Your ACH processor will be setup within one business day and you can then start offering eChecks to your customers!
If you have any questions, please reach out to your Business Analyst.