High-Risk Ach Processing for Start-ups and Experienced Merchants




Those merchants who are living in the United States usually use Ach and E-check for payment processing. It has been noticed from the last few years that high-risk Ach processing solutions are being more significantly in demand. High volume merchants account holders are generally working with these High-risk Ach processing solutions because sometimes high-risk merchants may fail to maintain the chargeback limit of the card processors. So, let’s have a look at how QuadraPay can assist you in getting Ach processing accounts.

Types of payment methods with High-risk Ach processing:
•    Web-based payments
•    Virtual terminal based payments

How does the High-risk Ach processing service work?
It is important to know how ACH transactions go through. Generally, ACH processing companies offer the facility to collect sales over the web and phone. The high volume merchants account holders can easily integrate the solution on their websites. It is to be noted that processing companies offer highly efficient API. Here are the steps:
1.    Enroll with a service provider.
2.    The Merchant can start accepting payments after the approval and integration of the gateways to the website.
3.    The customers can either place orders over the phone or directly from the website.
4.    There is a voice verification system also through which a merchant can quickly eliminate a considerable amount of fraud transactions.
5.    A document of electronic signature can also be utilized by the company to reduce the credit risk factor.
6.    Further, the processing company will deduct the transaction charges and make settlements to the merchant’s business bank account.
Following are the information needed to accept payments from buyers:
✔      Full Name
✔      Billing Address
✔      Shipping Address
✔      Phone Number
✔      Email
✔      Account Number
✔      Routing Number
As soon as you submit all this information on the virtual terminal provided by your high-risk Ach processing company, then this information reaches the Ach processing network in batches. Moreover, you can track the status of each transaction through the merchant control panel. But if needed, merchants can also initiate refunds.

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