“It’s more than just an advance in billing technology that is fueling the success of payment by check these days,” ElectraCash Payments CEO Lee Falls said. “We are experiencing a shift in the mindset of consumers toward paying for things with money they already have rather than on credit. The combined total of consumers who prefer to pay by check and consumers who lack the ability to pay via credit represents a sizable segment of today’s Internet purchase population.”
ElectraCash merchants allow their customers to pay by check, which is then deducted from their checking or savings account. The ability to pay by check can easily be set up as a primary choice, secondary option or cascading payment system for buyers whose purchase would otherwise have been declined.
Through April 15, ElectraCash is waiving its standard application fee for web merchants.
For more information, visit ElectraCash.com or contact (562) 498-6888
