Providing your potential customer with the right Payment options can make the difference between running your company in the black or red. Credit cards make up for the lion share of internet purchases, but that other 20-25% of consumers that do not use credit cards are just as important as any other profit center of your company and should not be overlooked.

BankMid will offer you added payment solutions once your credit card processing is up and running, however the following payment solutions can be added to your account at the same time your credit card solutions are opened and in this case sooner is better than later.

All your transaction processing history, be it checks, credit cards or other BankMid solutions are available 24-7-365 in your BankMid private back office
 

European Bank Debit(ELV)

Germany represents a huge market of Buyers and they use the German bank debit system like Americans use Credit Cards. Therefore to enable a broader scope of buying customers we provide processing of German Debit Cards. In Germany and many other EU countries Bank Debit is an indispensable payment option. Just think of this; How much money in advertising do you think you would need to spend to increase your sal;es by 25%? Need we say more? We think that paints a pretty graphic picture. Other countries can be integrated by BankMid tech-team to your account.

ACH

ACH is a Bone-Fide payment option for the American market. Americans are used to allot of options, so it makes sense to offer your American consumers the options needed to result in a sale instead of a customer lost at checkout. Credit cards are the staple of internet purchases however approx 20% of Americans do not use credit cards, so for them this is the most popular option. ACH accounts can be set up in 24 Hours and most of the time are paid daily or twice weekly and have Zero-5% reserve. This is truly an E Commerce essential.

Electronic check processing

Is the means by which you can take a paper check and submit it for payment electronically instead of taking it to the bank. BankMid provides an easy electronic-check processing feature that requires no expensive scanners or other hardware--you simply key in check information and submit the transaction. When a paper check is presented as payment, it is converted to a one-time ACH-based electronic payment, with pertinent information regarding the customer's financial institution and account number captured. You then make an image for archival purposes, stamp the original check "VOID" and discard it. (The BankMid system provides an easy interface for entering the check information, and we even give you the VOID stamp.)

BANK DRAFTS

Please Contact us if you are interested in processing Bank Drafts
Click On Live Support for e check questions and rates.