Merchants in industries with recurring payments (such as subscription and member-based applications) and/or returning users (e.g., e-Retailers with a loyal customer base and utilities) are among our happiest customers. Examples of the types of billing facilitated by Electracash include:
- Subscriptions: Whether you are offering a fan club, online magazine, union membership, or have website that requires recurring billing, Electracash can mange your online subscriptions.
- Recurring payments, returning users: for merchants that have subscriptions or other pre-authorized transactions that recur on a regular schedule, and for merchants who have loyal users who often purchase from the same site.
- Biller-direct applications, such as online utility payments made directly through the utility's website.
- Travel-related payments, such as airfare, auto rentals, and hotel rooms.
- Convenience pay applications: hosted pay page wherein the consumer pays a “convenience fee” rather than the merchant paying the ACH processing fees.
- Business-to-business payments: processing eCheck transactions from businesses paying other businesses.
- Canadian payments: processing eCheck transactions from consumers and businesses with Canadian checking and/or savings accounts.
- In some cases, Mail Order / Telephone Order.
Let Electracash manage your subscription-based or membership-based billing.
Electracash's eCheck processing services offers password management that gives merchants flexibility and control over their site. Merchants offering restricted premium content sites that require password access (news service, image galleries, video, message boards, chat rooms, webcams and much more) can take advantage of Electracash's recurring billing functionality.
Electracash's comprehensive subscription management solution automates the back end operations, eliminating all the traditional costs associated with doing it in-house. We handle all banking, risk management, access management and customer service and password management issues on behalf of your online business, so you can focus on what's most important to you – building your business.
How it Works
Once the consumer's purchase information is collected and approved via our advanced fraud screening system and the funds are authorized through the ACH banking authorization network, the consumer is automatically issued a merchant ID with their own unique user name and password so they can begin enjoying their new membership immediately. Once the sale is complete, the merchant receives an email confirming the purchase.
