Payment21: International Websites Increasingly Accept Bank Payments from U.S.-Consumers

Wireless News
06-22-2011
Payment21: International Websites Increasingly Accept Bank Payments from U.S.-Consumers
Type: News

Payment21 has launched Instant eCheck processing.

According to a release, this payment method allows international merchants to accept U.S. check payments via the Internet securely. Bank payments such as demand draft and direct debit transactions from U.S. consumers can be processed. Payment21 allows web merchants to conduct business with U.S. consumers quickly and securely and without the necessity of a U.S. bank account.
It is virtually impossible for a merchant outside of the States to open a U.S. checking account, the Company said. Those few banks that are willing to accept international merchants will most likely impose security deposits and an endless amount of requirements to the point that most merchants can't afford the account. In general, U.S. banks see substantial risk in dealing with foreign merchant account holders. They incorrectly perceive that non-resident businesses will have higher than normal return claims from customers. Payment21.com's Check21 and ACH payment processes changes all of this with.

More company information:

www.payment21.com

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