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March 25, 2013 /PRNewswire/ -- CheckAlt, a Check 21 application company, announced today the completion of its plug-in with Magento, an eCommerce solutions provider. The plug-in will enable Magento users to make and accept payments by eCheck.
Using CheckAlt's Check 21 technology, the eCheck plug-in will give users an alternative payment option to credit cards that offers faster settlements and lower rates. And because CheckAlt eChecks can capture additional lines of data (i.e. invoice number, client code, company account number, etc.), the plug-in will help to drastically eliminate chargeback disputes and give an overall more transparent payment experience.
"Understanding the needs of eCommerce companies and their desire to lower processing costs has inspired us to create this plug-in application. Offering eChecks via Check 21 will accomplish lower fees and enable larger marketing dollars to grow top lines. CheckAlt can have a merchant live with eChecks in less than 72 hours," said
Shai Stern, Co-Chairman and CEO of CheckAlt.
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