Minimize Your Credit Card Transactions - Process ACH Transactions for Your Business Instead

What types of payments does your business currently accept? You?re probably saying cash, checks and credit cards ? why what else is there? Well have you heard of or though about accepting ACH transactions? If you?re wondering what ACH is and how to do it, continue reading this article and you will learn how processing ACH transactions will save your company time, money and simplify your business.

The Automated Clearing House (ACH) is an electronic network for financial transactions. ACH processes large volumes of both credit and debit transactions which are originated in batches. Some of the most popular ACH payments include:

• Direct Deposit of payroll, Social Security and other government benefits, and tax refunds
• Direct Payment of consumer bills such as mortgages, loans, utility bills, insurance premiums, and other forms of online bills
• Business-to-business payments
• e-checks
• e-commerce payments
• Federal, state and local tax payments

Businesses are also increasingly using ACH to collect online payments from their customers, rather than accepting credit or debit cards. Now is the time to think about doing the same for your business. Over the next few years, ACH will become a popular method for businesses to accept payments from customers or make payments to vendors because it is much cheaper than the standard credit card transaction fees. As an example, let?s say you?re currently paying 2.5% and 15 cents per transaction to your credit card processing company. If your average ticket cost is $100, you would pay approximately $2.60 per each sale.

Now let?s say that you?ve implemented ACH for your business and you now accept e-checks and/or direct deposits from your customers. On the same $100 ticket item, you would pay anywhere from 20 ? 50 cents depending on your ACH processing company. That?s a cost savings of $2.10 per sale!

It gets even better than that ? let?s say your average transaction was $1000, surprisingly you would still pay the same 20 ? 50 cent fee. That?s the beauty of ACH - they do not care how large your transactions are.

You can also easily make payments to your vendors using your ACH solution. Simply add your vendors bank account/routing number, enter the payment amount, submit your batch and whalah? your vendor is paid. And it?s even cheaper and easier then sending a check in the mail!

There are many companies that offer ACH payment solutions but most are manual processes. If you?re looking for a fully automated ACH payment solution, Hudson Horizons has can integrate an ACH solution into your website or application in a matter of days. They can have you accepting real-time ACH transactions and saving your company time, money and streamlining your business. Their costs are extremely reasonable and the solution is fully automated. The last I heard, their costs are $15 per month and 39 cents per transaction.

So as you can see, ACH is definitely the way to go. You can potentially save your business hundreds, if not thousands of dollars every single month by integrating an ACH payment solution for your business.

At Hudson Horizons, we provide website design, development, content management, e-commerce integration, RSS content distribution, search engine optimization, e-marketing services and the development of custom applications such as blogs, newsletter systems, online ACH payment solutions and any other Web application that may be needed to help simplify your business.

Hudson Horizons is an e-business product, solution and marketing company specializing in creating highly sophisticated customized websites, web-based software applications and providing e-marketing and SEO services for small and mid-sized businesses.

Our vision and ultimate ambition as a company is to always strive to be "The New Light for e-Business." By offering new, innovative and extremely competitive products and solutions to our clients, we provide better ways to run and operate a business online.

How Wireless Handheld Credit Card Processing Can Save Your Business Time and Money

If you are in a service business, how often do you invoice someone and wait 30, 60, 90+ days to get paid. How often do you never get paid? Many of you might already appreciate the benefits of accepting Visa/Mastercard, Amex, and Discover, but currently call in/key in credit card transactions. The fact that a physical credit card is not swiped is costing your business money. It is considered a higher risk transaction and your discount rate will be higher on a non-swiped card transaction. The solution that will save your company time and money is the wireless credit card terminal.

Wireless networks have evolved to the point where they are now very comprehensive and cost effective. The following list of professions could benefit substantially from wireless processing: plumbers, locksmiths, taxis, limo?s, pizza delivery, home parties, trade show participants, flea market merchants, contractors, electricians, snow plowing, lawn maintenance and photographers. The list is endless!

We all know that it is much more appetizing to spend a little more money when you use plastic. Credit Cards also make it more possible for an impulse purchase. For example, we are currently quoting an aerial photographer that takes beautiful pictures of homes in New England, then sells the finished product to the homeowner. A wireless terminal will surely increase his business and grab many of those impulse buyers that might not have purchased with cash on hand.

In closing, many industries could benefit from a wireless hand held credit card terminal. As always, do your research before purchasing and demand that your credit card processor educate you on all aspects of your contract!

Gerald Schiano is a consultant with United Bankcard of New England. He can be reached for a complimentary analysis of your businesses current credit card processing statement or a bid on new service. http://www.unitedbankcardlowrates.com, consult@unitedbankcardlowrates.com, http://stores.ebay.com/UBC-of-NE-Accept-Credit-Cards-Now 401-404-5600

There is a reason UBC is the sixth fastest growing private company in the INC 500. Great Service & Great Pricing!

United Bankcard of New England is a proud Agent for United Bankcard a registered ISO/MSP of First National Bank Of Omaha

Electronic Credit Card Processing

The success of an online business depends on the process of accepting credit card payments. This type of payment permits you to attract both impulsive buyers and casual surfers alike. It also guarantees that you get timely payment.

Electronic credit card processing facilities handle orders directly through the Internet. This is normally a complex deal that needs the coordination of many things such as your website, your consumer?s credit card company, a payment gateway, and an account into which credits are deposited. Electronic card processing is safe and secure, and it provides the best customer service.

Three major types of electronic credit card processing are available. The first type uses a virtual machine that allows manual addition of mail. The second type involves a simple integration technique that links your site directly to the credit card and bank system. The third type uses a means for custom-linking your system to other more complex systems using a transaction gateway server.

Credit cards can be processed either in real-time or in a collective manner (batch processing). Electronic credit card processing generally has excellent real-time processing speed. The business is processed instantly and the consumer knows whether or not his card is accepted. But real-time processing has greater risk of fraud, since anybody can use a stolen card before it is reported stolen. Another disadvantage is that you cannot accept any order when the electronic credit card processor's server fails. Batch processing is ideal for smaller businesses. Here, many credit card transactions are processed jointly at a later time. The risk of fraud is moderately low.

Today, many companies offer fast, reliable and safe electronic credit card processing services. Each will work with almost all major credit cards, including Mastercard, Visa, American Express and Discover.

Credit Card Processing provides detailed information on Credit Card Processing, Online Credit Card Processing, Credit Card Processing Software, Wireless Credit Card Processing and more. Credit Card Processing is affiliated with Wireless Credit Card Terminals

Top 7 2Checkout Credit Card Processing Advantages

Here are seven good reasons why you should consider 2Checkout.com (also known as 2CO) as your credit card processing solution and merchant account alternative.

1. Accept Credit Cards Without a Merchant Account

For an initial fee of $49.00, you can accept all major credit cards as well as online checks. Fees are 5.5% of sales and $0.45 per transaction.

2. Handle Both Intangible and Tangible Products

While ClickBank.com restricts itself to digital products, 2Checkout can handle both digital and physically shipped products.

3. Shopping Cart

Whereas ClickBank handles only single sales, with 2Checkout, you receive a shopping cart. Alternatively, many third-party shopping carts integrate with 2Checkout.

4. Integration With Third-Party Affiliate Programs

2Checkout integrates with third-party affiliate programs such as ClixGalore.

5. Eliminate Sales Tax Problems

Since you must agree to sell your product to 2Checkout for resale, 2Checkout becomes the retailer responsible for collecting sales taxes -- not you. This simplifies or eliminates sales tax administration for you.

6. Fraud Detection

With 2Checkout, you have to wait until they complete their fraud detection checks before you deliver the product. This protects the merchant as well as the customer.

7. Other Advantages

As well, 2Checkout features free on-line support, their own affiliate program, and more. Your products are also searchable from shopping center links on their website, thus giving you more exposure. 2Checkout also allows for multi-currency transactions which enable customers to buy in their own local currency. According to the 2Checkout.com website, this improves sales and reduces credit card disputes.

RESOURCE BOX:

J. Stephen Pope, President of Pope Consulting Inc., has been helping clients to earn maximum business profits for over twenty-five years.

To learn more about accepting credit cards, visit http://www.yenommarketinginc.com/creditcards.html

For profitable Work at Home Small Business Ideas, visit http://www.yenommarketinginc.com/