Open new markets for your business today by accepting a check online for any online Internet order! Capture a segment of the market that you have been missing.
CheckVantage offers your company the ability to accept checks online. This will increase your company´s sales revenues by touching a new market of consumers reducing shopping cart abondonment. This option allows you to accept a check on-line for any order your company receives.
Today, only one out of four checking account holders has a credit card with an available balance. In a recent study done by Mastercard, over 25 million Americans cannot get credit because of troubled or nonexistent credit histories. Consumers are both maxed out and can't use their cards or are rethinking that old familiar "charge it!" and are moving towards cash based transactions. In fact, in addition to the 25 million Americans who can't buy with credit anymore, nearly one third of all consumers online today, prefer to use a check for payment. Your company has an opportunity now, to capture payments from these online consumers that may not have a major credit card, but are able to pay by check for your products and services. In addition there are large savings anytime you convert a credit card transaction to an e-check payment.
Identity theft and safety are weighing heavily on today's online consumers, the National Consumer League found that 59% of consumers feel like it is safer to pay online with a check than with a credit card. This falls right in line with another study of online consumers, that found the leading reason for not shopping online was the fear of giving out their credit card number. Through e-checks you have the ability to increase revenue by offering secure payments that your customers want to use.
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