Bitcoin And The Rise Of Cryptocurrency

The cryptocurrency market has seen some recent pullback. There’s still widespread uncertainty around the concept’s full implications. That’s especially apparent coming out of tax season. Huge sums of money are flowing through crypto markets, but how much of it goes to the government is up for debate. In anticipation of the next crypto uptick, many investors […]

paying by echeck online

eChecks and ACH are so similar that the two terms are often used interchangeably. That’s because both eChecks (electronic check processing) and ACH (Automated Clearing House) move funds from one bank account to another. Despite this similarity, eCheck and ACH aren’t exactly the same thing. What is an eCheck? An eCheck is simply a form […]

Open Accounts and Don’t Close Any

In this day and age hacking is rampant. Nevertheless, I still get requests to send bank account numbers via email by clients once in a while.  It’s always a request that surprises me and makes me feel a little uncomfortable.  Thanks to the huge Yahoo data breach, I’m very aware that sending sensitive information in regular […]

How much are fees and other costs

Payment processing fees are the worst. If you’re just starting in business, these fees are a rude awakening about the cost of doing business. For example, you could get a $1000 payment from a client and then only see $950. And that’s not even that bad. The other thing that’s awful about payment processing fees […]


As long as money has existed within human society, there has been concern over the security surrounding transactions that involve it. The development of banks and credit cards meant that we no longer had to carry or store paper money, helping to increase the security we have felt about what we have worked so hard to […]

With technology developments and new payment solutions, businesses are able to choose from a variety of methods to conduct transactions. The five main ways to receive and make B2B payments include checks, ACH transfers, credit cards, electronic funds transfers, and online payment platforms. While they all offer advantages, there are also disadvantages to each B2B payment methods […]

Some customers still like to use traditional checks, but to save time and money new technology has allowed those paper checks to be converted into a digital version known as an echeck that is then processed through the Automated Clearing House (ACH) network. This is a fast, secure, and efficient way to offer an additional […]

ACH payments are very common—if you’ve even received a direct deposit paycheck, you could be interacting with the ACH network without even realizing it. After reading this post, you should walk away with a firm understanding of what ACH means, the parties involved in an ACH transaction, and why businesses could benefit from ACH payments. […]

The way payments are being made around the world is changing from a paper process to an entirely electronic solution. We’re moving away from paper checks and directly towards the eCheck. According to the 2013 Federal Reserve Payments Study: “The U.S. payments system has evolved rapidly since 2003, the year the U.S. Congress passed the Check […]

When freelancing or running a small business, it can be a nightmare to streamline business finances. In fact, managing a business budget is one of the biggest challenges freelancers have when working. It’s even worse when you think about how a freelancer’s income varies from month to month. Fortunately, you can make business finances easier […]


As another component of the new digital transaction marketplace, eChecks are simply a product that has digitized the paper check that has been traditionally used as a commonly accepted form of payment. Even when still using a paper check, the bank now typically converts it into an eCheck in order to facilitate payment. Today, the majority of payment gateways offer an eCheck option because it is a secure and very low-cost way to make a payment from a bank account to another party, such as a business or individual, for payment for goods or services.

Because paper has been pulled out of this payment process, there are fewer steps and costs, which appeals to the banking industry, merchants and other businesses, and consumers. Other advantages include fraud reduction for everyone involved, automatic verification and accurate dating of the transaction, and the ability to work with numerous platforms and software. In fact, eChecks use a range of security techniques, including public key cryptography, encryption, digital signatures and more. As such, more people and businesses have been willing to move into the eCommerce and ePayment environments for transactions.

Along with other digital payment methods, eChecks are thought to continue leading the way to encourage more businesses and consumers to conduct transactions online. Behind the eCheck segment is a banking system that wants to stay relevant in the payments industry despite competition from cyrptocurrencies and other digital payment methods now available.

Despite those benefits, there are still issues with eChecks, including the potential for mistakes and intrusion of human errors in the process. Additionally, regulators are still debating eChecks and how to standardize and regulate these digital transactions as more businesses and consumers begin using this method.

With the wealth of opportunities as well as evolutionary industry changes related to these debates over regulatory issues, it makes sense to remain in the loop about the eCheck industry as a business owner. That's why we have added a category to the Due.com blog, which regularly features articles about this segment of the digital payments industry. Recent additions to the category include tips on streamlining business finances with ePayments, why electronic payments are great for freelancers, and predictions on the future of the payments industry.

For example, the article on streamlining business finances with ePayments illustrates why this method is so beneficial. Not only do e-payments like eChecks eliminate additional fees that mean more money in the bank for your business to reinvest, but you can also can save considerable time on non-revenue tasks by getting your vendors paid automatically. Lastly, the article noted that you can handle financial transactions within the mobile environment, so you can get paid on the go - no matter where you are in the world.

We are excited to be adding more articles to the eCheck blog category in the near future as more research and industry information becomes available for us to share with you. As we build out our library information on subjects like eChecks and other ePayments method, we always welcome feedback from you about any particular subject related to these and other categories that you would like to read more about.

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