Echecks are a great way for collection agencies to get payment processing, especially if they don’t qualify for credit cards yet. Below is a general quote for our echeck processing for collection agencies. Other businesses may be less or more depending on risk. Your rates may vary a bit from this but this is a general guideline.
In Business Signup Fee Discount Fee Monthly Fee Per Transaction Under 6M $299.95 3.9% $20.00 $0.40 6M + $199.95 2.9% $20.00 $0.30 3+ Years $99.95 2.9% $10.00 $0.20
The minimum cost per transaction is $0.75. The fee will never be less than $0.75, even if the check is for only $1.00.
After you have filled out the application please contact us by phone or email.