E-CHECKS & ACH FOR BUSINESSES

The United States Treasury has chosen this methodology to make legal payments over the web.  In this electronic funds transfer (EFT) the customer can input his full check information (account number and bank routing number) and PayByComputer.com will access his account and make payment to your account.

This new instrument of electronic payment enables speed and accuracy for the electronic processing world.  It is cost effective and enables businesses to collect payment fast and accurately.

How do e-checks work?
E-checks work just like a paper check.  The same information is relayed to the bank that is on paper checks.  They are as legal as a paper check.

An e-check is written by the check holder through PayByComputer.com and is sent electronically to the Automatic Clearing House (ACH).  When the check is cleared, it is deposited into your account.

ACH can be done by PayByComputer.com where your customer’s checking account is automatically accessed and the money is put directly into your account through the information on the e-check.

E-checks and ACH through EFT or electronic fund transfers offer a controlled environment for conducting bank transactions that are safe and secure on the internet.  Reduced fraud and effective dating are some of the benefits of this method.