Processing Electronic Checks Payments
The Electronic Check Services provide a secure, reliable, real-time method for accepting personal or business checks online as payment for goods and services. Electronic checks expand your customers’ payment options, reduce your processing costs, and provide faster payment when compared with standard paper checks. Electronic Check Services are available to customers living in the U.S. and using a U.S. standard bank or credit union account. For the list of electronic check processors, see Payment Processors.
Before signing up to use the Electronic Check Services, you need to discuss any legal requirements related to accepting electronic checks with your legal counsel and collect all the information about your business that you will need for your application.