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NationWideEFT (Electronic Funds Transfer)
ALLOW YOUR CUSTOMERS TO PAY ONLINE BY CHECK
  • Unsurpassed Security
  • How NationWideEFT Works
  • NationWideEFT Features
  • EFT Processing Fees
  • How to Begin


Verisign Seal Logo Graphic Unsurpassed Security

NationWide Real-Time eCommerce combines a Secure Commerce Server (SSL technology), PGP encryption, and proprietary technologies to enable merchants to accept payments easily and securely without the need to invest in costly security systems.

The following is a detailed description of NationWide Real-Time eCommerce secure online payment systems.  Click Here For Security Information


HOW NationWideEFT WORKS
    1) Customer completes your online order form, providing checking account      information.
    2) Submitted form is accepted by a secure server via a secure SSL socket.
    3) Customer's ABA information is immediately verified against a national      database.
    4) Order confirmation is sent to you and to your customer.
    5) Using a computer system the EFT processor will initiate an electronic funds
         transfer (EFT) from your customer's bank account to yours.
      Demonstration

NationWideEFT FEATURES
  • Additional Payment Acceptance Ability
  • No Hardware or Software Required
  • No Secure Server Required
  • All U.S. Checking Accounts Accepted
  • Detailed Daily Reporting
Additional Payment Acceptance Ability

    The more payment options that are available to your customers, the more likely it is that they will purchase from you.  Though much of the buying public uses credit cards, many consumers either do not hold them or prefer not to use them. Only one out of four checking account customers hold credit cards with available lines of credit.  Why limit your business to accepting only one form of payment? Accepting customers who prefer checking accounts will greatly expand your customer base.

    With NationWideEFT, you are able to accept payment from personal and business checking accounts.  No credit card merchant account is required.

    Instead of waiting for the "check in the mail" and matching payments to orders, NationWideEFT enables you to accept secure payments online.  Billing expenses such as postage, invoicing, and bookkeeping are eliminated.

No Hardware or Software Required
    NationWideEFT is included in the NationWide Real-Time eCommerce Virtual Terminal System suite of services and is quickly and easily integrated into your existing online order forms.  No software or hardware is required by you or your customers!  Once NationWide eCommerce services are in place on your site, your work is done.  When a customer places an order on your site, you and your customer receive immediate verification of the order.  The information you receive includes the customer's name, address, phone number, e-mail address, items ordered, and the order total.

Eliminate the Need for Your Own Secure Server
    Since NationWideEFT offers complete security on payments from any web site, there is no need for you or your customers to worry about information theft. With the NationWide Real-Time eCommerce Virtual Terminal System, you can eliminate the need for your own secure server.

    NationWide Real-Time eCommerce enables your customers to order online without ever having to transmit their account information over a non-secure Internet connection.  NationWide Real-Time eCommerce services (including NationWideEFT) are designed to work via the Internet using a proprietary system, a Netscape Commerce Server, PGP encryption and SSL.  You do not need to invest in any security features for your site.  Security Information

All United States Checking Accounts Accepted
    NationWideEFT is available to any merchant in the world who accepts payment in U.S. funds.  Customers can use checking accounts drawn from any United States federally insured banking institution.

Detailed Reporting
    Detailed reports are generated showing the customer information for each order.  The reports are emailed to you on a daily basis.  The emailed reports include an attached tab-delimited file of all orders.  This file can be imported directly into your accounting system.  These reports dramatically decrease your time spent for matching payments with orders.


NationWideEFT PROCESSING FEES

In order to use NationWideEFT, you must set up an account through us with the EFT processing company.  Rates are as follows:

  • No Application Fee if purchasing NationWide Real-Time eCommerce
  • Percentage fee: 1.00%
  • Transaction fee: 25 cents
  • Returned item fee: $1.00
  • Monthly maintenance fee: $10.00
  • Chargeback fee: $15.00

    Note: There is no need to buy or lease any hardware or software; NationWideEFT will handle all of your transaction processing.

    Restrictions: EFT account requests are subject to review by First American Payment Processing (acceptance rates are approximately 99%).  First American is unable to work with merchants in the travel industry or those who provide adult entertainment.



  • HOW TO BEGIN

    To Begin Accepting EFT Payments, Contact us Today.


    CLICK HERE To Apply For NationWideEFT Online Check Acceptance


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