ACH Processing
Meramak’s virtual terminal will allow you to electronically debit and credit checking and savings accounts (our systems also offer credit card processing in an integrated solution). Whether you need to accept a one-time payment (eg an electronic Check by Phone) or a reliable system for automating recurring payments our virtual terminal will save your business time and money. You can use our Virtual Terminal to process single, recurring, and future-date transactions in multiple forms.
- Set up automated recurring payment schedules
- Process payments received over the phone
- Convert checks received through the mail
- Enter payments received over a web site, and more.
- Set up multiple recurring payment schedules (weekly, semi-monthly, monthly, quarterly, semi-yearly, and yearly)
- Secure faster settlement through electronic presentments
This solution saves you accounting time and trips to the bank, provides accurate reporting, and most importantly - no more bounced checks. And compared to accepting credit cards this is a less expensive solution with many of the inherent benefits.