New Payment Option! We now accept echecks!
April 4, 2018We now accept eChecks! This will allow you to pay for your order immediately without waiting for an invoice. We will continue to support invoices as long we can.
What is an eCheck?
Essentially, an eCheck, or electronic check, is a form of online payment where money is electronically withdrawn from the customers checking account, transferred over the ACH network, and deposited into the business’s checking account.
How Does Electronic Check Processing Work?
Electronic check processing is somewhat similar to paper check processing, only faster. Instead of a customer manually filling out a paper check and sending it to the business they need to pay, today’s technology allows the process to happen electronically, saving both time as well as paper waste.
How Long Does it Take to Clear and Process an Electronic Check (eCheck)?
The eCheck clearing process varies slightly between providers. Generally, funds are verified within 24 to 48 hours of the transaction being initiated. Should the payer have the funds available in their checking/bank account, the transaction is cleared within 3 to 5 business days and the funds are moved from the payer’s account to the payee’s account. We will continue to process and ship orders immediately, relying on good faith that the check will clear in 24-48 hours.
Thanks
Tim