eCheck processing revolutionized the way businesses make payments with the convenience of traditional checks and the speed and convenience of online transactions. With Payverge, you can take secure bank payments online, reduce processing fees, and provide a frictionless experience for your customers, regardless of your business field.
The customer grants consent to the merchant to authorize an eCheck transaction, often in the form of a signed form or an electronic agreement.
After being authorized, the company securely inputs the customer's banking information into the eCheck system via the Payverge dashboard.
The system generates an electronic check, authenticates the data, and presents it for processing through the ACH network.
The money is debited from the customer’s account and credited to the merchant’s account, usually within 1-3 business days.
eChecks provide an intelligent method of managing payments with decreased costs and increased efficiency. Payverge lets businesses accept eCheck payments with minimal overhead, decreased fees, and improved security. With no check handling, you streamline operations, accelerate collections, and offer your buyers an easy, modern method of making payments, anywhere, anytime.
For individuals, eChecks offer a paperless equivalent of checks, with the same trust and reliability but increased convenience. For paying for services, subscription, or invoices, individuals can make payments out of their bank account, securely, and with no need for a checkbook. Payments with Payverge are just a few clicks away.
No matter if you’re just beginning or expanding, Payverge delivers an adaptable eCheck solution with all the features you need, without the inconvenience.
Included Features:
Go live in 24 hours, no initial cost involved.
We remove friction from the outset. No setup fees, no long-term commitments, and complete transparency in pricing.
Your business doesn’t wait; our efficient underwriting procedure keeps you approved and ready to fund in just one business day.
Even high-risk businesses are worthy of high-confidence processing. We have underwriting models that say "yes" where others say "no."
Keep your business flowing with next-day deposits, no delays, no confusion.
Guard your income with sophisticated fraud prevention and dispute resolution tools that prevent chargebacks from occurring.
From PCI-DSS to fraud controls, Payverge secures your payments with the highest standards of security and regulatory compliance, automatically.
