Tuesday, July 19, 2011

Online Payment System: ACH Direct

 

General Information:

ACH Payment Processing
ACH Direct is a full service payment processing company offering ecommerce solutions for businesses of all sizes. Whether your business is retail, wholesale, telephone order, mail order, Internet/Web-based or service-industry based, ACH Direct is the perfect choice to handle all of your payment processing and check verification needs.

Payment Processing Services
ACH Direct specializes in the following payment processing services: ACH/echecks, credit card processing merchant accounts and check verification.
ACH Processing/echecks
ACH/echeck payment processing services enable your company to accept and process online echecks as well as various forms of financial transactions ranging from charitable donations by telephone to payrolls, pension payments and even rent payments with confidence and ease. Learn more about ACH payment processing and the Automated Clearing House (ACH) Network.
Credit Card Processing Merchant Accounts
ACH Direct offers merchant accounts for processing all major credit card payments, offering single and recurring credit card processing and debit card processing with end to end security and flexible reporting tools. Learn more about getting a merchant account for credit card processing and debit card processing.
Check Verification
ACH Direct's ATMVerify offers check verification capabilities at two different levels, offering a powerful tool for fighting bad checks. Learn more about ATMVerify® as a payment processing solution.
Payment Processing Software
Virtual TerminalTM
ACH Direct's VirtualTerminal is the premiere browser-based payment processing software available.
PaymentsGateway
ACH Direct's PaymentsGateway is a high-capacity payment processing software solution.

Currencies

US dollar

Users

All

Fees

No application fee No set up fee $19.95 a month for ACH/E-Check, ATMVerify or Credit Card processing ($24.95 per month for both ACH and credit card processing) $.35 per ACH transaction $.24 per Check Verification transaction (ATMVerify) 1.79% + $.24 for qualified swiped retail Visa/MasterCard/Discover transactions 2.19% + $.24 for qualified keyed MOTO/ecommerce Visa/MasterCard/Discover transactions Free Recurring Transaction manager

Integration approaches

 Virtual Terminal.

Information for developers

The Premier Browser-Based Payment Processing Solution
ACH Direct’s VirtualTerminal is the most advanced Web-based platform for processing electronic payments available today. With its powerful, easy-to-use interface, VirtualTerminal enables you to schedule a single or recurring transaction with a few simple keystrokes.
VirtualTerminal supports the processing of credit card, debit card and electronic check (ACH/ATM) transactions. These transactions can be processed in real time or scheduled to occur at a future time designated by the user. VirtualTerminal’s convenient re-presentment options can be configured to re-attempt or even use a secondary payment method to collect items that are returned unpaid.
VirtualTerminal supports a wide variety of point-of-sale hardware including check readers, check imagers, credit card readers and receipt printers. Using these devices helps eliminate typographical errors and helps you qualify for the best possible transaction processing rates.
VirtualTerminal has been engineered with many time-saving and automatic validation features to increase accuracy and maximize productivity. Credit card account number and ABA Transit/Routing Number validation occurs at time of data entry to minimize time wasted handling administrative returns.
Each VirtualTerminal account comes standard with system administration capabilities. This account allows set up of an unlimited number of additional users -- each with their own set of security, access and transaction processing limit settings. Users can log into the system from multiple locations worldwide, or they can be locked down to a single location.
VirtualTerminal includes a complete suite of reports to help you track your receivables, better manage your resources and maximize your cash flow. Report data is automatically updated in real time and all data is encrypted and stored at our data center to protect your organization and your customers' privacy. Reports can be exported into a variety of formats, including PDF, Word, Excel and CSV.
Whether your business is retail or wholesale, non-profit, service industry based, telephone, mail or Internet-based, VirtualTerminal is the perfect choice to handle all your financial transaction processing needs.
  • Real-time credit/debit card and electronic check processing
  • Support for all major credit cards
  • Check verification and conversion
  • Powerful recurring transaction features
  • State-of-the-art re-presentment functions
  • Multiple organization support (multi-MID)
  • Comprehensive security and reporting features
  • Lightning fast authorizations
  • VISA E-Commerce Indicator (ECI) support
  • Supports for CVV/CVV2/CIB
  • Support for new receipt masking/truncating requirements
  • Local stored data is encrypted for you and your customers' protection
  • Address Verification Service (AVS) support
  • Procurement Card (P-Card Level II) support
Supported Credit Cards
  • Visa
  • MasterCard
  • American Express
  • Discover
  • Diner’s Club
  • JCB
Supported ACH (Electronic Check) Types
  • PPD (Business to consumer)
  • CCD (Business to business)
  • WEB (Internet-initiated transactions)
  • TEL (Telephone-initiated transactions)
  • POP (Point of presentment – POS)
  • ARC (Accounts receivable transactions – Lockbox)
  • RCK (Returned check transactions – NSF check)
Go This Service Site : http://www.achdirect.com