VALENCIA, CA – Netbilling, Inc., a leading innovator in payment processing and merchant services, recently announced changes to their ACH/Check processing capabilities, including lower pricing and more flexibility for their merchants.Since 1998, Netbilling has provided processing services to thousands of internet merchants and companies of all sizes. Their services include advanced reporting, membership site management, fraud scrubbing, a free shopping cart, and 24/7 live service for merchants and their customers.
For the past several years, Netbilling has been successfully processing ACH transactions via an outside third party company integrated within the Netbilling system. The check-processing is now being done “in-house” which has given Netbilling the ability to offer more structured ACH reporting to Netbilling merchants, including a new ACH reserve report that displays daily fees, disbursements, and any reserves.
Netbilling’s President, Mitch Farber says: “Netbilling is excited to offer online merchants such a low cost processing alternative to credit cards. Because of our new direct ACH processing relationship, Netbilling is also now able to offer price points that are some of the lowest in the industry, without any monthly fees. Pricing plans range between 2.5-5%, depending on risk and business type.”
Netbilling’s “Fraud Defense” modules for internal fraud scrubbing help minimize surfer fraud, which reduce returns. Netbilling also supports EFT transactions through the new ACH system, and auto represents returned items.
Netbilling’s ACH processing is available to all internet merchants, even those not processing credit cards through Netbilling.
For more information, contact Karen Campbell at karen@netbilling.com.
