eCheck Payment Processing

With electronic payment processing, traditional forms of payment, like paper checks, often fail to meet the needs of companies and consumers alike. Electronic checks, or eChecks, are a way to usher your company into the future. This type of electronic payment processing offers a fast, secure and easy-to-use method that improves the payment experience for you and your customers.

How CSG Forte Can Help You with eCheck Payment Processing

CSG Forte provides a single, unified platform for processing all types of electronic payments, including eChecks. With our scalable, all-in-one solution, your business can process credit, debit and eCheck payments securely and quickly.

As your partner in electronic payment services, we understand the importance of seamless payment processing. Our platform is purpose-built for electronic payments, and it’s designed to be intuitive and fully integrative. Through our platform, you can accept electronic payments online, in person, over the phone or via a mobile device. With omnichannel processing, your customers can pay in a way that works for them, and you receive payments in a few days.

Our platform aligns with all payment card industry (PCI) regulations to keep sensitive data safe, and our transaction fees are predictable. We also offer different pricing models to reflect profit sharing between partners, merchants and sponsors.

What Is an eCheck?

An eCheck is an electronic check that works similarly to a physical check without a piece of paper. Rather than providing routing and account numbers through a paper check, eChecks rely on an online authorization form. A customer fills out an authorization form to agree to pay electronically. This authorization also includes the routing and account numbers.

When the customer uses an eCheck, the authorization form can pull their bank account information to retrieve the payment amount from their account.

Benefits of eCheck Payment Processing

Using an eCheck payment processing system offers various benefits for your business. With eCheck processing, you can:

Save money

Processing physical checks requires extensive administrative costs that add up over time. When customers pay with an electronic check, you don’t have to spend money on tracking check payments or cashing them every week.

Increase security

Check fraud is a risk that many businesses face when they accept physical checks. With eCheck processing, you enjoy greater ease in the payment process with built-in security measures through your processing provider. At CSG Forte, our system uses end-to-end encryption and tokenization to protect sensitive data.

Receive payments faster

Handling physical checks requires mobile or physical check deposits, signatures and recordkeeping that can take hours to complete when you’re receiving hundreds of checks each week. When using eChecks, you receive your payment within a few days without the extra responsibilities and the time it takes to complete them.

Improve the customer experience

Writing out a check can be just as time-consuming for a customer as processing is on your end. With an electronic check payment, a customer saves time and enjoys convenience that they’ll associate with your company moving forward.

How Do eChecks Work?

Electronic checks are processed through the Automated Clearing House (ACH). The process starts with a customer providing their bank account information through an eCheck authorization form. After authorization is complete, an electronic request initiates the charge to the customer’s account. On your company’s end, you request the payment through the ACH to charge the customer.

After two to three business days, the money moves from your customer’s account to your company’s account through an electronic funds transfer (EFT). Your account balance updates, and your payment transaction is complete.

Choose CSG Forte for eCheck Payment Processing

Make life easier with a secure and user-friendly payment processing platform. Your company deserves greater ease when handling payments, and our solution provides the features you need. With over two decades of experience in this industry, our platform reflects our expertise and commitment to streamlining your payments processing. Get started with CSG Forte today.