|
| Service |
Merchants Rate |
| Set-up / Application Fee (includes Payments Gateway training) |
$179 |
|
|
.35 cents per transaction |
|
|
$1.99 per transaction |
| Credit Card Processing |
1.79% (Qual/Swipe Rate) + .25 per transaction fee
2.19% (Mail/Internet Order Rate) + $0.25 per transaction fee
|
| ATM Verify |
.35 cents per transaction |
| NCN Verify |
.15 cents per transaction |
| ID Verify |
.99 cents per transaction |
| Gateway Monthly Fee (ACH and/or Credit Cards) |
$14.95 per month |
| Global Payments Credit Card Processing - Statement Fee |
$9.95 per month |
| ACH Monthly Statement Fee |
$9.95 per month |
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|
|
| Optional Features |
Explanation |
ATM Verify
Account Verification Services
|
Verify the current status of the banking account as of the last reported Business Banking Day, as reported by the participating financial institution.
Identify -virtually in real time - whether a customer's account is: Currently overdrawn, Frozen, Closed, Open with positive funds, NSF, Unable to locate.
.35 cents per transaction
|
NCN (National Check Network) Verify
Account Verification Services
|
NCN Verify will check whether the check writers themselves are reported as having any Positive or Negative check writing history in one or more national databases of bad check writers.
.15 cents per transaction
|
ID Verify - Real-Time Identity Verification
Customer Identification Services
|
If utilizing ACHD's ID Verify Services, Merchant will submit a request to ACHD for verification of consumer information. ACHD will use its best efforts to verify the information provided by comparing that information against various national databases of consumer information records. ACHD will then provide the results of its investigation to Merchant.
- Verifies and authenticates a consumer's identity in seconds
- Verifies social security number and name match
- Verifies social security name was issued after date of birth
- Verifies name and address match
- Verifies name, date of birth match and driver's license name
- Verifies phone and name match
- Verifies phone and address match
$0.99 per transaction
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USD has partnered with ACH Direct to offer merchants a total solution for processing all forms of payments through one simple system. You can now accept check and/or credit cards online with your customized payment's website. Services include:
- ACH/e-checks (Checks by Phone, Fax or Online)
- Check and Identity verification
- Credit card and debit card processing
- Comprehensive security and detailed, real-time reporting features
- Free customer and technical support
- 24/7/365 user access
By having strong foundations in technology and by focusing on ACH processing, ACH Direct has been able to develop numerous unique capabilities that add substantial value to our customers. These capabilities include products and services that help your company:
- Reduce risks of fraudulent items
- Minimize returned items
- Maximize cash management
- Reduce required resources
- Improve your company's managing, reporting and forecasting capabilities
USD Software will create a free, customized payments web based site allowing your clients to conveniently make check and/or credit card payments online. Our developers will provide this link to integrate with your company website or as a standalone link. This payments site will integrate with ACH Direct's PaymentsGateway.
ACH Direct's PaymentsGateway is a high-capacity modular payment processing platform designed for maximum flexibility and availability. Its proven third-generation design enables merchants to process single or recurring electronic check (ACH, credit card and debit card) transactions in either real time or batch mode. Furthermore, PaymentsGateway provides real time, negative and positive check verification and identity verification solutions. By sending every financial transaction through this single channel, merchants both simplify and enhance their current processing options.
Using ACH Direct's PaymentsGateway, merchants can process sales (debits), refunds (credits), authorizations, funds capturing and verifications. Transactions recurring weekly, monthly, quarterly, semi-annually or annually - as well as single transactions - travel efficiently and rapidly through its channels.
For questions regarding the USD/ACH Direct ACH/Credit Card Processing Service, please call Erica at (718) 648-5300 ext. 105 or e-mail ericag@usdsoftware.com.
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