The driving force of electronic commerce is its use of continually emerging technologies to reach the broadest customer base with speed, simplicity and at a low cost. However, the strength of ecommerce is by a linking of nascent technology to conventional business practices.
Tradional bricks-and-mortar businesses accept nearly any method of payment the customer can offer, be it credit card, check or cash. To limit payment types simply because business is being conducted on the Internet is to turn away paying customers.
The credit card is a natural fit for the Internet because it has always been an electronic payment method. The problem is that many consumers and businesses prefer not to use a credit card, particularly to pay bills, tuition, invoices, loan payments, taxes, insurance premiums and even retail purchases. Accepting a check by mail is expensive, time-consuming, and as unreliable as the old cliche' "the check's in the mail".
Many Credit Card processors offer and eCheck solution, frankly because their customers demand it, but since it is not their primary business, their eCheck product falls short on many of the aspects that make it useful to their customers.
AmeriNet's primary focus is Electronic Check Debit, also known as eCheck, EFT or ACH. Because it is our business, all our efforts are focused on managing the complex technology, regulatory environment and risk management while, at the same time, offering a payment method that's as easy to use as a credit card but at a lower cost, often much lower.
AmeriNet's customers include merchants large and small, Fortune 500 companies, state governments, public utilities, major universities, insurance companies, hospitals and healthcare networks, charities and churches and even banks and stock markets. Wherever there is a need to accept a check just like a credit card, AmeriNet has a solution.
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