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Netbilling Waives ACH Setup Fees

VALENCIA, Calif. — Netbilling Inc. currently is waiving the $100 automatic clearing house (ACH) setup fee through Aug. 15. Negotiations with Netbilling’s check processor has led to offering merchants the ability to get started with processing online checks at no charge, according to the company.

"Netbilling offers ACH transaction processing price points that are some of the lowest in the industry, without any monthly fees," Netbilling President Mitch Farber said. "Now through August 15, online merchants can signup for our check-processing services and save themselves the usual $100 setup fee."

Pricing plans range between 2.5-5 percent, depending on risk and business type.

Iinternal fraud scrubbing using Netbilling’s Fraud Defense modules helps minimize surfer fraud, which the company said reduces returns. Netbilling also now supports EFT transactions through the ACH system and auto represents returned items.

Netbilling’s ACH processing is available to all merchants, even those not processing credit cards through Netbilling.

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