Electracash is a payments processor specializing in internet and other non-face-to-face transactions. We handle transactions for the following types of payments:

  • Checks drawn on U.S. checking accounts (using the ACH network and the Federal Reserve network)
  • Checks drawn on Canadian checking accounts
  • Direct deposits, globally, via ACH and using relevant international wire transfer services

Electracash also:

  • Processes MasterCard and Visa credit and debit cards, globally
  • Enables invoicing and payments handling for small and medium sized businesses, using our partners:
  • Provides businesses with web site payment pages (to accept credit cards and checks) through:
    • Electracash’s managed page service – a payment page hosted by Electracash that is easily linked to the merchant’s site to enable the customer to pay with their checking account
    • ProStores – an eBay storefront service that has integrated Electracash check processing services.
  • Provides various connectivity options for business that want to add payment capability to their existing payment page.

Core Industries Served

Electracash processes payments for multiple industries, and provides cost-effective solutions for merchants seeking to offer check and credit card payment options. Due to the nature of conducting business over the internet and in other non-face-to-face environments, certain industries and types of transactions have been categorized as “high risk” by various payment networks. Often, these industries are simply higher targets of merchant or consumer fraud. Electracash can greatly facilitate payment transactions for many of these industries. We conduct extensive research during underwriting, and monitoring during processing, to ensure our merchant portfolio is clean, and employ multiple transaction scrubs and other consumer fraud controls. Find out more.

There are also certain industries that are not accepted by one or more of the entities that govern some of the types of payments transactions Electracash processes. Find out more.

If a particular industry is not on either the “Core Industries” list of the “Restricted and Prohibited Businesses” list, please contact us to discuss your needs directly with a highly-qualified Electracash Sales Representative.

Billing Types Enabled

Electracash provides online merchants the ability to handle multiple specialized needs in types of billing, such as subscriptions and recurring billing, as well as one-time purchases. Find out more.