eCheck

Overview
The electronic check was designed as a way of providing the contemporary consumer with a safe, familiar and relatively simple way of making online purchases in a world that is becoming more and more dependent on remote business transactions. The eCheck works very much in the same way that a regular check does, and one of the main advantages of eCheck is that it is the only electronic payment of its kind that is recognized by the United States Treasury.

Why Use eCheck?

Familiarity: Most people are familiar with the way ordinary paper checks are written and debited from their own accounts. The eCheck contains all the same information that an ordinary check does and operates within the same legal framework. It is important that those seeking the ultimate online payment method feel comfortable with the product, and this certainly seems the case with eCheck.

Security: Not everyone feels secure when performing online banking transactions and it is very important that the payment method provides solutions to these fears. One of the major benefits of eCheck is that it is safe enough to use over the internet, even though it deals with financial banking transactions. The use of eCheck reduces fraud losses for both the buyer and the merchant, and the check’s content and validity is automatically verified with each and every transaction. The system’s emphasis on all the necessary security precautions, combined with its backing by the State Treasury means that online buyers can feel safe using this payment method.

Old Meets New: The eCheck uses all that is good with traditional checks as a payment method (such as easy reconciliation and stop payments), and has added other, enhanced capabilities (effective dating, for example).

Fast: Payment using eCheck is decidedly quicker than other payment methods available in the market today. Buyers are therefore ensured fast payment solutions for their online purchases and services.

Flexible: The eCheck can be used off a number of hardware platforms and software applications, allowing buyers the ultimate in flexibility and convenience. In addition, the eCheck system can be used in combination with existing checking accounts.

Conclusion
Based on one of the oldest and most common payment methods in the world, the paper check, eCheck provides the perfect payment solution for buyers who want a safe, convenient and trusted way to pay for goods and services online.