ICheckGateway.com ACH Payments for CNP Merchants

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ICheckGateway.com ACH Payments for CNP Merchants

Card-not-present (CNP) merchants in the U.S. can offer automated account-to-account payment acceptance through a hosted service available from iCheckGateway.com. Buyers enter their bank routing number and account number to make payments, which are settled through the automated clearing house (ACH) network. Merchants pay a flat fee per transaction. A larger amount is paid if they want additional authentication of the buyer and their credentials to help protect against payments returned for non-sufficient funds. ICheckGateway.com says the pricing is lower than the current Federal Reserv...

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Nilson Report

1198

May 2021

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