ACH eCheck and Online Payments Solution

Do you need eCheck services due to mail service disruption from recent disasters like Hurricane Irma and Harvey? Or do you just want to boost cash flow and get paid faster? Online payment solutions are quick, easy, and relatively cheap to implement. Using a third party solution vs bank can be cheaper and provides flexibility to change financial services partners without creating customer friction.

Why use a hosted pay page to accept eChecks?

A payment gateway hosted pay page enables customers to passively pay bills online 24/7 via a secure web page. Payment types may include credit cards, Paypal, ACH (echeck), wire and other methods. Because it’s hosted by a 3rd party PCI level 1 certified service provider, PCI Compliance burden is reduced for merchants that want to accept more than eChecks.

online payments echeckA hosted pay page empowers customers to make secure payments online.

Hosted Pay Page Implementation options:

  1. Direct customers to 3rd party payment gateway custom URL- no change to business web site needed. Just email or text the link.
  2. Link from business web site to 3rd party payment gateway custom URL by updating. Html and pay now graphical button available.
  3. Embed the secure payment object on business web site via iframe html. Customers never leave merchant web site, and even though payment is accepted on the 3rd party web site, an SSL certificate is strongly recommended.

There are other ways to collect ACH and eCheck payments remotely, including our alternative service that enables businesses to push out payment requests via via email or text. This method is proven to increase loyalty as well as reduce time to collect payment and is available for an additional fee. It’s available both integrated or standalone.

eCheck Hosted Pay Page Vendor Selection:

The two key methods to process eChecks are FTP direct to the business bank and 3rd party check processor (Web Payments). With FTP, money is in the bank account when the batch is delivered. With traditional eCheck services money is delivered typically in 2-3 business days. In either case, a payment gateway or technology solution secures the data transmission and facilitates compliance with eCheck processing rules.

Vendor selection checklist- which do you need and which would be nice?

  • ACH with guarantee
  • ACH, no guarantee needed
  • Tokenization for quick repeat payments (no need to enter banking info each time, just select the account)
  • Accounting integration
  • Hosted pay page
  • Other payment types supported
  • Text payment request capability
  • Email payment request capability
  • Hosted pay page (only, no text or email)

Managing Costs with Online Payments:

If you’re just accepting eChecks, you’ll be surprised at just how cheap the service is. If also accepting credit cards, the hosted payment solution selected directly impacts the cost of credit card processing. For example, our solution with Smart Rate Selector automatically optimizes the transaction to qualify for the lowest rate. Compliance with rules are complex and few payment gateways have a solution to comply with every situation. With the right implementation, the cost of card not present transactions are often exactly the same as card present, and can be lower than if employees key enter transactions into a virtual terminal.

Free Hosted Pay Page Info:

  • Quick and easy to set up
  • Optional customer registration to store payment data for repeat purchases
  • Echeck / ACH directly to your bank overnight in most cases
  • Optional ACH with guarantee additional fee
  • If applicable, works with your existing merchant services account
  • Month to month service

Christine Speedy, CenPOS authorized reseller, 954-942-0483 is based out of South Florida and NY. CenPOS is a merchant-centric, end-to-end payments engine that drives enterprise-class solutions for businesses, saving them time and money, while improving their customer engagement. CenPOS secure, cloud-based solution optimizes acceptance for all payment types across multiple channels without disrupting the merchant’s banking relationships.

Faster Processing and Settlement of ACH Credit Transactions begins Today, Reaching all U.S. Bank Accounts

NACHA Announces Implementation of New Rule for Phase 1 of Same Day ACH

HERNDON, Va.–(BUSINESS WIRE)–Today, NACHA —The Electronic Payments Association®, the trustee and rule maker of the ACH Network, announced the launch of Phase 1 of Same Day ACH. Same Day ACH is a new faster payments option that reaches all bank accounts and will enable businesses and consumers to send and receive payments and payment-related information on the same day through the ACH Network.

The launch of Same Day ACH marks a significant milestone in the journey towards faster payments in the U.S.

Phase 1 of Same Day ACH allows for the sending and receiving of virtually any ACH credit transaction, enabling a variety of transactions such as urgent claim payments from an insurance company to a consumer or same-day payroll payments from an employer to an hourly or contract employee.

“The launch of Same Day ACH marks a significant milestone in the journey towards faster payments in the U.S.,” said Janet O. Estep, president and CEO of NACHA. “While other payments initiatives have been developed to support the demand for faster payments in the U.S., Same Day ACH provides absolute certainty that your payment can get to absolutely anyone else with a bank account on the same day, regardless of which bank or credit union they use, bringing value to all users of the ACH Network.”

Beginning today, all financial institutions will be able to receive same-day transactions. Although sending same-day transactions by financial institutions and their customers is optional, it is expected that many will begin enabling the origination of same-day payments today. According to research conducted by NACHA, 95 percent of the nation’s top financial institutions intend to originate Same Day ACH in 2016. The top reasons cited for how Same Day ACH will be used by financial institutions beginning today include payroll and business-to-business payments.

“Same Day ACH is an innovative and immediate solution to support the demands of those consumers and businesses that want to move their money faster,” said Estep. “Not only does it support the industry’s near-term needs, but it also serves as a building block for the future of faster payments. Upon the Same Day ACH foundation, other products and services can be built to continue to meet the evolving needs of consumers and businesses into the future.”

Phase 2 of Same Day ACH will launch on Sept. 15, 2017. Phase 2 will introduce the faster processing and settlement of debit transactions, in addition to credit transactions. This Phase will support additional use cases such as consumer bill payment for utility, insurance, telecom, mortgage, loan and credit card payments.

For more information about Same Day ACH and how to implement and leverage this opportunity, visit NACHA’s Same Day ACH Resource Center at

About NACHA—The Electronic Payments Association

Since 1974, NACHA – The Electronic Payments Association has served as trustee of the ACH Network, managing the development, administration and rules for the payment network that universally connects all 12,000 financial institutions in the U.S. by moving money and information directly from one bank account to another. Financial institutions exchange 24 billion ACH payments valued at $41 trillion annually. Through its collaborative, self-governing model, education, and inclusive engagement of ACH Network participants, NACHA facilitates the expansion and diversification of electronic payments, supporting Direct Deposit and Direct Payment via ACH transactions, including ACH credit and debit payments, recurring and one-time payments; government, consumer and business transactions; international payments, and payments plus payment-related information. Through NACHA’s expertise and leadership, the ACH Network is now one of the largest, safest, and most reliable systems in the world, creating value and enabling innovation for all participants. Visit for more information.

Integrated Check And ACH Electronic Processing Technology Launched


Integrated Check And ACH Electronic Processing Technology Launched

Universal Payment Processing Platform Expands on Existing Credit And Debit Card Services

Lighthouse Pt., FL July 27, 2011 – 3D Merchant Services, a payment processing solutions consultancy, today announced CenPOS, an electronic payments developer, launched a new integrated check and ACH authorization solution. Merchants now have a single host-based solution for checks, credit and debit cards, EBT, gift and loyalty, from all sources including retail, mobile, call center and Internet.

CenPOS check services are currently certified with CrossCheck, T-Tech, and NCT and include check 21, check conversion, ACH, and check guarantee options. Checks can be processed one by one or in a batch via the Smart Virtual Terminal, the core of the CenPOS payments processing platform, where all payments flow through. The virtual terminal is accessible via FTP, web browser and API.

“A major benefit for merchants is having a single reporting dashboard for all payment types, improving efficiencies in accounting and providing critical business insights,” said Christine Speedy, CEO of 3D Merchant Services and a CenPOS direct agent. “Reconciliation is simplified, and merchants get all the other benefits of CenPOS, including mitigating risk and least cost routing,” continued Christine.

“A significant technology advancement is the ability to automatically route based on merchant managed rules. For example, a merchant may want to assume the risk for personal checks under $500, but use a check guarantee service for checks over $500. The merchant can further send checks for $500 to $1000 to one provider, and for over $1000 to another provider. Merchants have unparalleled flexibility to mitigate risk and manage costs.”

After a cashier enters the sale amount, the technology switch dynamically determines the desired service provider, and prompts the cashier for information required by that particular processor. Merchants are empowered to mitigate risk of unsuccessful future claims against bad checks and manage costs of accepting checks. Check authorization is also fully integrated into the Electronic Bill Presentment and Payment solution, enabling businesses to push out invoices via email and collect payment. CenPOS stores seven years of transaction data, dynamically searchable by numerous fields, to maximize business insights and minimize disruption during internal changes.

Integrated check and ACH services are immediately available. For additional information or for a demo, contact Christine Speedy at 954-942-0483 or visit

About 3D Merchant Services
3D Merchant Services is the marketing entity for a CenPOS major account sales team. 3D Merchant Services is engaged in growing CenPOS direct business relationships with ISO’s, banks, and resellers. The team also works with merchants directly, analyzing their methodology and cost of payment processing and associated services, and providing solutions through direct partner relationships. For more information contact 3D Merchant Services at (954) 942-0483 or visit

About CenPOS
CenPOS is a global technology leader for payment processing. The company develops solutions for merchants to accept, process and reconcile electronic payments, including credit and debit card, check, EBT, gift and loyalty. The proprietary payment engine includes retail, mobile, and ecommerce solutions, and provides merchants with unique insight and fraud protection. For more information visit and contact Christine Speedy at (954) 942-0483 or cspeedy AT

How can I get pin-less debit?

Finding someone who can offer you Pin-less debit is not as easy as finding a merchant processor. Not every merchant processor offers this service.

Nor can every business offer pin-less debit. Only those who provide regulated services, including utilities, lenders and government agencies can offer it.

Online debit has increased from <20% to over 45% in recent years. This represents a huge opportunity for eligible businesses to reduce costs. Pin-less debit costs a lot less than traditional online debit transactions.

As merchants demand relief, there may be additional regulatory changes in this area. is the web site for First Payment Systems representative Christine Speedy. First Payment Systems is an Independent Service Organization for First Data, Chase Paymentech and others, all of whom offer pin-less debit. Not all ISO’s offer pin-less debit.

If you are ready to implement pin-less debit now or you need additional information, please call us at 954-942-0483. It could save you a bundle.

Despite 40 Percent Growth in 2007, PINless Debit Still Takes Small Share of Overall Transactions

New TowerGroup Research Examines Obstacles to Success of Alternate Payment

NEEDHAM, Mass., Sept. 11 /PRNewswire/ — In the mid-1990s, the electronic funds transfer (EFT) networks debuted PINless debit, or PINless bill payment, as a new, low-risk way for billers to collect payments from consumers. New research from TowerGroup estimates that PINless debit bill payment volume in 2007 will be at least 40 percent higher than in 2006. However, various obstacles to its adoption will cause PINless debit to remain a small percentage of overall bill payments (0.45 percent).

PINless debit allows consumers to pay bills through a remote channel by entering their debit card number without the personal identification number (PIN). Since its introduction, transaction volume has grown steadily as billers and their customers explore this alternative. However, adoption of PINless debit continues to face many challenges, including: inconsistency in industries eligible for participation; functionality; and card eligibility.

PINless debit offers benefits to billers that “split the difference” between credit cards and ACH debits. PINless debit, like credit cards, provides guaranteed funds. ACH does not. However, PINless debit does not have the higher fee structure associated with credit cards. PINless debit can be used to pay bills for which credit cards as a payment method are simply precluded, such as credit card invoices themselves. It is also an
additional method to increase overall adoption of electronic payments, a common goal for billers and suppliers in the bill payment value chain.

The new research report, titled “PINless Debit: Finally Taking Off or Headed for a Crash Landing,” by Jennifer Roth, a senior analyst in the Global Payments practice at TowerGroup, identifies the challenges related to PINless debit bill payment, the methods for overcoming these obstacles, and the durability of PINless debit as an alternate payment method.

At TowerGroup, Roth’s research focuses on electronic bill and invoice presentment and payment, including the Internet environment and otherchannels in which it can be delivered. She also examines consumer funds transfer, remittance processing, and the domestic electronic funds transfer networks supporting payment processing infrastructures.

About TowerGroup: TowerGroup is the leading research and advisory services firm focused exclusively on the financial services industry. A respected source for trusted information and advice, TowerGroup brings many of the world’s leading financial institutions, technology companies, and professional services firms a deeper understanding of the business and technology issues impacting their organizations. Headquartered near Boston in Needham, Massachusetts, and with offices in North America and Europe, TowerGroup serves a global client base.