AchNow.com™ A payment presentment ACH Internet program that electronically submits checks for payment, or processes electronic debits through the ACH Network and Central Banking System. Customers provide bank account information in person, by telephone, or over the Internet.

Direct Deposit for Payroll - AchNow.com™ allows companies regardless of their size to electronically send payroll, pension, or other payments through the ACH Network.

Payments received by Telephone - AchNow.com™ allows businesses to receive consumer payments by telephone. A one-time authorization enables AchNow.com™ to charge the customer's account and deposit payment to the company’s business account.

Payments received over the Internet - AchNow.com™ allows consumers to enter payment information on company’s web site. Company’s Webmaster adds a secure page to your web site with an image of a check and provides a form for the collection of the consumer banking information. (Consumer authentication and authorization required).

Monthly billing (recurring payments) - AchNow.com™ also works exceptionally well when collecting payments on a recurring basis. ) AchNow.com™ automatically sends pre-authorized amounts from the customer's account to the company’s business account.

How it works: An approved business is setup and access made available to AchNow.com™ with an Account I.D., User Name and Password. A user-friendly menu is available for the entry or importation of check information - Transactions are manually entered, or a file uploaded, verified and submitted to the Financial Institution. The Financial Institution sends the files to the Central Bank (ACH Processor) for processing. AchNow.com provides real-time access for viewing transaction status, and comprehensive reporting capabilities.

AchNow.com™ utilizes speed and other advantages of electronic processing--automatically debiting the customer's bank account and crediting the company’s business account. AchNow.com™ is user-friendly-entry-level personnel become familiar with its operation very quickly.

Benefits: There are many advantages that electronic payment transactions bring to traditional payment and settlement systems.

Faster Settlements-Notification
Most electronic ACH Network transactions are processed in 24 - 48 hours. Faster processing means faster NSF notification and more efficient check recovery. In addition, faster processing translates into increased cash availability and the potential to earn higher interest through better cash management.

Returned Unpaid - Uncollected Items
As with paper checks, electronic payments processed via the ACH Network can be returned as NSF items or uncollected funds. The payments can easily be resubmitted a second or third time prior to being sent to a Collection Agency.

Customer Service-Convenience
More and more consumers are opting for electronic solutions for recurring payments and direct deposits. They are looking for convenience and ways to eliminate mundane tasks such as writing the same checks every month. Electronic check processing increases customer service, no need for writing checks and mailing. Give them what they want, your business will benefit at the same time.

COD - Customer Service
Electronic check processing increases customer service on COD shipments--no need for expensive money orders or cashier's checks. AchNow.com™ enables your business to offer a hassle-free product delivery service that's convenient for customers. Don't pay for check verification or guarantee-save your money. Delaying shipments just a day or two, waiting until the check clears, takes the expense and risk out of COD shipments.

Multiple Order Channels
Checks by telephone, by fax, or over the Internet, broaden your businesses' marketing reach, increasing the potential customer base.

Cost Advantage
Electronic transactions are less costly--flat fee per transaction versus a percentage of the total sale with credit cards.

Competitive Advantage
Having access to the latest electronic check processing technology will provide your business an advantage over competitors.

Take Checks With Confidence
Now you can take checks with confidence. Adding check acceptance as a form of payment adds convenience, which increases customer options, leading to increased sales and revenues.

It is clear that those Businesses that embrace new technology, and offer customers more payment options, have a better chance of succeeding in today's fast paced economy and competitive environment. Implementing an electronic check processing strategy will help your business succeed.