These days many cell phones websites offer the ACH payment processing mode as a reliable alternative to credit card processing solution. To purchase a cell phone by using Echeck you need to first identify whether the Merchant offers this solution or not. In case if the merchants accept echeck transaction then you need to visit the merchant's website, select the cell phone which you want to purchase and then hit the buy now button to reach the checkout page.
On the checkout page, you have to submit your account number and routing number along with few billing details that include the billing address, shipping address, phone number, email and name of the customer. This information is further validated and it is called check authentication. After check authentication, the system also verifies the availability of funds. This ensures the less number of transactions that are declined because of the insufficient fund.
Once the account is checked and the system confirms that the account has got sufficient funds, the transaction is sent to the ACH payment processing network or echeck payment processing network. The Merchant can work directly with the bank or can also use any third party echeck payment processing company. Most of the checks should not take more than 24 hours to clear. Sometimes it may take a little bit longer.
Once the transactions are through then the merchants ships the product to the customer. Merchants can also offer the reoccurring & subscription-based product by using echeck payment processing. Merchants can also offer continuity or trial base products by using ACH payment processing solution. ACH payment processing solutions can also help merchants in reducing chargeback & return ratio.
On the checkout page, you have to submit your account number and routing number along with few billing details that include the billing address, shipping address, phone number, email and name of the customer. This information is further validated and it is called check authentication. After check authentication, the system also verifies the availability of funds. This ensures the less number of transactions that are declined because of the insufficient fund.
Once the account is checked and the system confirms that the account has got sufficient funds, the transaction is sent to the ACH payment processing network or echeck payment processing network. The Merchant can work directly with the bank or can also use any third party echeck payment processing company. Most of the checks should not take more than 24 hours to clear. Sometimes it may take a little bit longer.
Once the transactions are through then the merchants ships the product to the customer. Merchants can also offer the reoccurring & subscription-based product by using echeck payment processing. Merchants can also offer continuity or trial base products by using ACH payment processing solution. ACH payment processing solutions can also help merchants in reducing chargeback & return ratio.
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