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High Risk ACH – For Continuity Based Businesses

Posted on Sunday, July 8th, 2012 filed under Continuity Business Models

CC Rebills offers a way for you as a business owner to process recurring or one-time Automated Clearing House (ACH) transactions (also known as Electronic Debits & Credits) through your online portal. This gives you the ability to schedule safe and secure payment transactions that automatically debit your customer’s bank account and credit your business bank account.

With this feature, you can also issue ACH credits electronically,allow you to completely automate the payment process of your customers in a safe, reliable, accountable, quick and efficient manner. CC Rebills can help you offer High Risk ACH accounts through your own in-house underwriting approval process by integrating your own gateway in a quick and painless manner. The following are examples of the benefits of utilizing our unique ACH system:

-Most Competitive Industry Rates
-Eliminate Processing and Depositing Manual Checks
- Minimize Unnecessary Paper Trails
-Multiple Payment Frequencies for Recurring BillingBusiness Models
-Completely Secure Platform
-24/7 Access Via Online
-Built-InCustomer Issue Management System
-No Unnecessary Hardware or Software Requirements
-Downloadable Reports
-Completely Automated Processing
-Free Training
-One of the Lowest Risk Ways to Accept or Issue Payment
- As Low As 48 Hour Settlements

How it Works:

CC Rebills High Risk ACH works as follows:

When you initiate a sale, the customer authorizes payment typically in written form. The customer provides their banking information,account and routing number (i.e. from a voided check), then you will enter the information into your gateway/interface including billing frequency, if it’s a recurring billing business model.On the settlement date,funds will be debited from the customer’s account and clear intoyourbusiness bank account within 48-72 hours. This process will repeat itself for future recurring billing transactions. For an illustration, please see the diagram below:

ach-XPRESS

 

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Why CCrebills?

Trust your continuity based business to the experts who have in-depth industry experience and a thorough understanding of the industries utilizing recurring models.

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