ZURICH and WILMINGTON, Delaware, June 16, 2011 /PRNewswire/ --
- Payment21® Check21 and ACH Payment Method Breaks Through the Borders of Doing ecommerce Globally
Payment21 LLC is a Payment Service Provider whose most recent offering is Instant eCheck™ processing. This payment method allows international merchants to accept U.S. check payments via the Internet securely. Bank payments such as demand draft and direct debit transactions from U.S. consumers can be processed easily. Payment21 allows web merchants to conduct business with U.S. consumers quickly and securely and without the necessity of a U.S. bank account.
It is virtually impossible for a merchant outside of the States to open a U.S. checking account. Those few banks that are willing to accept international merchants will most likely impose security deposits and an endless amount of requirements to the point that most merchants just can't afford the account. In general, U.S. banks see substantial risk in dealing with foreign merchant account holders. They incorrectly perceive that non-resident businesses will have higher than normal return claims from customers. Payment21.com's Check21 and ACH payment processes changes all of this with.
Payment21.com's gateway provides international merchants with financial access to more customers than any other payment method in the U.S.A. Funds clear faster - and at much lower cost than credit cards.
Payment21.com's merchant approval policy is fully compliant with the Patriot Act. Due Diligence is done on all merchants. In order to comply with AML-provisions, beneficial owners related to cross-border payments get identified. All information is protected by data protection laws.
Whether it's a Check21 or ACH transaction, superior fraud protection such as the customizable Verification Loop™ and the proprietary Mitigation Algorithm™ ensures that http://www.Payment21.com has the solution that will save money and enable more U.S consumers to buy from abroad.
SOURCE Payment21.com (R)