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Blacksburg, VA – February 23, 2010 – Click & Pledge announced today a new service to accept and process online checks, according to Kamran Razvan, the Company’s chief executive officer.
“We wanted to expand our online financial services to include ACH online check services to complement our credit card, debit card, invoicing and purchase order services,” Razvan said. “We have received numerous requests for ACH and when you consider that 20 percent of all online transactions are check-based and that more than 75 million American do not have a credit card, it really makes sense to deliver this to our customers,” Razvan explained
Similar to the Click & Pledge credit/debit card transaction service, customers simply enter a check routing number and desired amount into an online screen. The check is then processed and the amount is automatically deposited into the merchant’s bank account. In addition to automatic settling and deposits, the service also offers a recurring payment feature for scheduled transactions that automatically withdraw and deposit funds. ACH withdrawals may be from checking accounts and savings accounts.
Click & Pledge has integrated the new ACH service into its industry leading Trio online payment system, designed primarily for non-profits, political campaigns and similar organizations. “Our customers are continually seeking ways to make it easier for their patrons to donate or pay for services,” Razvan said. “What’s more, this online check processing service adds convenience and administrative efficiency,” he added.
According to Company officials, ACH check processing will help its customers to:
ACH stands for Automated Clearing House (ACH) Network. The ACH Network is a highly reliable and efficient nationwide electronic funds transfer and clearing system.
Electronic payments of all kinds are used frequently by companies, institutions, government agencies and non-profit organizations as a safe, reliable and convenient way to conduct business.
About Click & Pledge:
The Company provides software-as-a-service to enable nonprofits and similar organizations to be effective and efficient in online fundraising. Located in Blacksburg, VA, the Company serves over 9,000 customers in 45 countries. To find out more, call (540) 961-9811 or visit Online Fundraising Software | Donor Management Software | Online Donation | Click & Pledge.
For inquiries:
Contact: Jim Barney
Phone: (866) 999-2542 x3214
Email: [email protected]
“We wanted to expand our online financial services to include ACH online check services to complement our credit card, debit card, invoicing and purchase order services,” Razvan said. “We have received numerous requests for ACH and when you consider that 20 percent of all online transactions are check-based and that more than 75 million American do not have a credit card, it really makes sense to deliver this to our customers,” Razvan explained
Similar to the Click & Pledge credit/debit card transaction service, customers simply enter a check routing number and desired amount into an online screen. The check is then processed and the amount is automatically deposited into the merchant’s bank account. In addition to automatic settling and deposits, the service also offers a recurring payment feature for scheduled transactions that automatically withdraw and deposit funds. ACH withdrawals may be from checking accounts and savings accounts.
Click & Pledge has integrated the new ACH service into its industry leading Trio online payment system, designed primarily for non-profits, political campaigns and similar organizations. “Our customers are continually seeking ways to make it easier for their patrons to donate or pay for services,” Razvan said. “What’s more, this online check processing service adds convenience and administrative efficiency,” he added.
According to Company officials, ACH check processing will help its customers to:
- Accept payments from consumers who don't have credit cards.
- Eliminate "the check is in the mail" syndrome.
- Allows faster access to funds than waiting for check payment by mail.
- Reduce labor costs associated with physical check processing.
- Lower risk of credit card charge backs.
- Guarantees timely customer payments.
- Gain competitive advantage by offering an additional payment option.
- Improve cash flow with online check processing.
- Save on expensive invoicing and mailing costs.
ACH stands for Automated Clearing House (ACH) Network. The ACH Network is a highly reliable and efficient nationwide electronic funds transfer and clearing system.
Electronic payments of all kinds are used frequently by companies, institutions, government agencies and non-profit organizations as a safe, reliable and convenient way to conduct business.
About Click & Pledge:
The Company provides software-as-a-service to enable nonprofits and similar organizations to be effective and efficient in online fundraising. Located in Blacksburg, VA, the Company serves over 9,000 customers in 45 countries. To find out more, call (540) 961-9811 or visit Online Fundraising Software | Donor Management Software | Online Donation | Click & Pledge.
For inquiries:
Contact: Jim Barney
Phone: (866) 999-2542 x3214
Email: [email protected]