AsTech E Check Solution

A.S. Technologies and Consulting

Check21 | E-Check Solutions

One Payment Gateway For All Payment Solutions

www.astechprocessing.com 1

E-Check is an Alternative E-Payment Solution Replacement to Credit Cards in the USA

E-check is tailored for US Customers who wish to purchase goods and services Online and make payments direct from their bank accounts





• An e-check or electronic check, is an electronic version of a paper check used to make payments online.

• The customer provides the following information:• His Bank account routing number.• His Checking or Saving bank account number.• His name as appears in his bank account statement.

What is an E-check ?





• Check 21 is a US federal law that is designed to enable banks to handle more checks electronically. Instead of physically moving paper checks from one bank to another, Check 21 allows banks to process checks electronically.

Wikipedia | USFR

What is Check 21?

http://en.wikipedia.org/wiki/Check_21_Act

http://www.federalreserve.gov/paymentsystems/regcc-faq-check21.htm





• Bank accounts are identified by payer's account name, the bank’s routing number and the account number within that bank.

How Bank Accounts are identified?

The information is printed on the check.

http://en.wikipedia.org/wiki/Routing_transit_number

http://en.wikipedia.org/wiki/Routing_transit_number





Consumer writes a check and hands it to a merchant. Merchant's bank digitises the check and claims it from the consumer's bank. Check owner must receive a notice that a check may be processed this way and must approve this transaction method.

Check 21 Process

Consumer writes a check

Merchant`s bank digitize thE-check and claims it from the consumer`s bank

Consumer`s bank pays thE-

check





• Convenience of paying by a personal Checking or Saving bank account (no need of credit cards).

• Phone call verification process provides better confidence regarding the merchant's credibility.

E-check - The Consumer key benefits





• Expands his customer base to the USA market.• Allows customers to pay through their Bank Account without

exposing their credit card details.• Generates E-check Payouts to Affiliates & Customers.• Provides Efficient and Secured Payment Method through e secured

online payment gateway.• Weekly payouts.

E-check - The merchant key benefits





Online merchants can accept checks from consumers with a US bank account.

E-check & E-commerce

Shopping online

Sending Check

Getting notification

Check arrived

E-check processed

Goods delivered

Consumer

Merchant





• Choose AsTech as your e-check solution provider.• Integrate e-check methodology with your business and tools.• Notify your customers about using E-check processing (it's

mandatory by law).• Accept checks on line and increase your profit.

How to get started?

Accepting checks for e-check processing

http://www.astechprocessing.com/





• State-of-the-art global payment platform tailored for online merchants wishing to accept payments from US customers

• Secured merchant and partner accounts with easy to use control panel (user dashboard) and full reports of e-checking activities.

• AsTech gateway accepts E-checks from most local and global banks of USA.

• E-check consulting for better e-business and e-payment solution

Why E-check with AsTech?

One payment gateway for all payment solutions - credit cards and alternative payments.

http://www.astechprocessing.com/alternative-payment-methods/why-e-check/





• Online fraud costs the offshore and domestic merchant portfolio billions of dollars each year, making fraud detection and prevention crucial to minimizing risk and maintaining a successful business.

• Astech and it's banking partners, provide unique tools and services to help you or your merchants protect their business from fraud, including unique services, and industry-standard, payment gateway management features and value-added products.

• AsTech features include E-Signature account verification, account history look backs both through an existing in-house database as well as utilizing a network database system of historical fraud data. We also use call-backs to ensure that the customer who holds the account is aware of the transaction, and agrees to the debit. This ensures very little chargeback activity on your accounts.

E-check - Account Verification and Fraud History review





A.S. Technologies and Consulting (AsTech) payment gateway gives merchants and e-commerce businesses a complete solution for credit card payments. Some online customers prefer not to expose credit card information. AsTech Provides those customers with alternative payment methods which are commonly used in their domestic location.

About AsTech


Thank You.

A.S. Technologies and Consultingwww.astechprocessing.com

721 Wentworth Avenue

Montreal, QC H4W2S2

PHONE: +1 514-312-7066

PHONE: +44 208-144-2487

[email protected]


mailto:[email protected]

Economy & Finance

AsTech E Check Solution