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“Today more and more, we see people wishing to pay in the manner that suits their personal tastes. “Collaborating with Datacap allows their partners to now offer a choice when it comes to processing through their gateway,” says Fred Joachim, president of iStream Financial Services. “An ideal alternative to standard credit cards for recurring transactions, the addition of ACH processing provides a faster, safer and more reliable payment method for recurring billing to Datacap’s POS and white-label partners.” “We’re excited to partner with iStream to offer a bank-agnostic ACH payment solution for Datacap partners,” says Justin Zeigler, DIR Product at Datacap Systems. Additional recurring revenue opportunities for Datacap partners.PCI compliance rules don’t apply to ACH payments.
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Lower transaction fees compared to credit transactions.Other benefits of ACH processing include: population lives without a bank account today. ACH payment processing presents a new opportunity for Datacap partners as just five percent of the U.S.
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This allows Datacap partners to process ACH and other card-not-present transactions using the same omnichannel payments platform their merchants are already using for in-store transactions. Datacap Systems Inc., leading hardware and processor-agnostic omnichannel payments provider, has partnered with iStream Financial Services to add support for ACH processing via Pay API, Datacap’s eCommerce integration available exclusively on Datacap’s NETePay Hosted omnichannel payments platform.