Benefits of CheckAlt e-Checks

CheckAlt's e-Check, an on-line e-check/ACH payment platform, is a cheaper, faster, simpler best-in-class alternative to credit cards, wires, and other on-line payment processing options.

With CheckAlt e-Check, your customers pay directly from their bank account into yours, with just a few simple clicks, and the payment hits your bank account in as little as two banking days. Your business benefits directly from our fast settlement and lower payment processing expenses.

Cheaper payment processing Faster settlement of funds Increased customer loyalty

NO credit card fees NO wire fees NO waiting for "checks in the mail"

Faster Funds - Time, Money & Convenience

• Fast Settlement - have funds in as little as two banking days
• Reduced Operating Expenses - lower payment processing expense
• Expanded Customer Base – offer e-checks to supplement your existing on-line payment options for people who prefer not to use credit cards

Lower Payment Processing Expenses

It costs on the average 4-6 times less to process CheckAlt's ACH transaction, when compared to credit cards or other online payment alternatives.

• NO credit card fees
• NO inbound or outgoing wire fees
• FREE accounts and maintenance
• Low per transaction fee

Save Time

Avoid trips to the bank to make business deposits and other transactions.  With e-checks you can save time by automating your payment and collection processes. Electronic checks are processed much faster than paper checks, which can take up to 7-10 business days.  With an e-check, the transaction is at your bank the same day!

Mitigate Risk

CheckAlt draws on the strength of solid and reliable processing, coupled with unique risk management features, to help you mitigate losses associated with accepting automated clearing house ("ACH") transaction payments.

• Reduce losses before they happen with one of the largest check writer databases in the country
• Lower risk of prolonged chargeback exposure - 60 days (versus approximately 6 months with credit cards)
• Reduce risks of accepting on-line check payments with over 90 internal risk parameters