1. What Is eCheck Payment Processing?

An eCheck (electronic check) lets customers pay directly from their bank account using the ACH — Automated Clearing House — network. Instead of a card, funds move electronically between accounts, which reduces fees and chargebacks.

For high-risk merchants, eChecks provide a safer alternative when card processors like Stripe or PayPal refuse service.

2. How ACH and eCheck Payments Work

• The customer authorizes payment through your checkout form or invoice.
• Your payment gateway encrypts and submits the bank data.
• The ACH network verifies funds and transfers them to your business account.
• Deposits typically settle within 1–3 business days.

3. Benefits for High-Risk Businesses

• Lower Fees: Usually 0.5 % – 1.5 %, far cheaper than card processing.
• Fewer Holds: Banks view ACH as lower-risk than card transactions.
• Ideal Backup: Works even if your credit-card MID is restricted or shut down.
• Chargeback Protection: Disputes are slower and easier to verify than with Visa/Mastercard.

4. Typical Fees and Settlement Times

ACH and eCheck processing usually costs between 0.5 % – 1.5 % + $0.25 per transaction. Settlement takes one to three business days, depending on the bank’s risk rating and transaction volume.

For high-risk merchants (CBD, kratom, vape, nutraceuticals), reserve rates may range from 5 % to 10 % to offset potential returns or reversals.

5. How to Get Approved for eCheck Processing

Approval depends on your business type, history, and documentation. Here’s what underwriters typically request:

• Articles of Organization / Business License
• Voided Check or Bank Letter
• Processing Statements (if available)
• Website URL with product details and refund policy

High Wire Payments helps merchants in restricted industries get approved with U.S. banking partners who understand high-risk ACH programs.

6. FAQ

Is eCheck the same as ACH?

Yes — eCheck is simply an ACH debit from a customer’s account. The terms are used interchangeably.

Can I accept eChecks on Shopify or WooCommerce?

Yes. You can connect a high-risk gateway such as NMI or FluidPay to process eChecks alongside cards.

What happens if a payment bounces?

The processor notifies you, and funds are reversed, but no card chargeback occurs. Many merchants see less than 0.3 % return rate with proper screening.