echeck questions - split payments, fees, multiple recipients

ZeroGravPro — Thu, 24 Apr 2014 13:20:45 GMT

I am a developer and I have a client asking for some echeck programming. A few questions:

- Can echeck process transactions from any bank account to any bank account? Or does the merchant's Authorize.net account have to be in on that transaction?

- Can split transactions occur? Example: customer buys something online and enters their bank account info. Can funds go to 2 different bank accounts?

- Can an echeck merchant account pay 200 different recipients, straight to their bank accounts, in a single transaction?

What does authnet charge for echeck transactions? (I've looked on the website and can't find this)

Re: echeck questions - split payments, fees, multiple recipients

RichardH — Thu, 24 Apr 2014 19:13:29 GMT

Hello @ZeroGravPro

What you are describing is person to person payments, which is not supported by the gateway. With eCheck, merchants can accept payment from a customer and have those funds transfered into their bank account. The services your client is asking about may be available from their own bank.

Richard

topic Re: echeck questions - split payments, fees, multiple recipients in Integration and Testing

echeck questions - split payments, fees, multiple recipients

Re: echeck questions - split payments, fees, multiple recipients