SOURCE: iSmartCheck


February 09, 2011 13:45 ET

iSmartCheck's Top 5 Reasons Why Merchants Targeting the USA Market Need to Add Electronic Checks to Their Payment Options

LOS ANGELES, CA--(Marketwire - February 9, 2011) - iSmartCheck, an electronic transaction processor and provider of alternative payment solutions, today listed the Top 5 reasons for adding electronic checks to an ecommerce website.

When starting up an online merchant account, one needs to evaluate all available payment options choosing one with low start-up fees, low monthly fees and strong conversion rates. For the American market, electronic checks utilizing the Check21 system are one's best choice.

There are many reasons why we love this payment method but here are our top 5.

1) Customer Familiarity -- People still pull out their checkbooks when paying for groceries and people trust checks. iSmartCheck's electronic check solution is based on a commonly understood payment method and there is nothing new for customers to learn to cause transaction abandonment at the point of sale as opposed to other, more complex payment systems.

2) Funds Clear Faster -- Faster clearance equates faster payment into the merchant's account and the faster the product is delivered or deposited for the customer. Unlike ACH options, electronic checks are not regulated by NACHA and the myriad of rules and regulations enabling a more efficient process.

3) Fewer Chargebacks -- Checks are much harder to reverse. Once cleared, a check is very difficult to reverse or charge-back which is limited to cases of true identity fraud. Unlike credit card and ACH transactions that can easily reversed by the payer after the transaction has cleared, checks require a significant effort to reverse. 

4) Lower Fees -- Fees for our electronic check services are considerably less than other payment methods.

5) Customers Never Leave -- The Check-writer data collection occurs at the merchant's website and the check-writer does not have to leave the site or sign up at a third party site unlike many other payment brands.

Want more information? Contact us at please.


iSmartCheck™ is an electronic check processor that provides merchants and businesses a better alternative to paper checks, ACH and expensive credit card interchange fees. eChecks processed on the iSmartCheck™ system are typically accepted in 1 to 3 seconds and clear the same day or overnight. Please visit

Contact Information

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    Kathryn Kozak - Director of Operations
    Email Contact
    Phone: 310.744.5279