How to pay via transaction service and debit cards?

Transaction service -Transaction service is similar to the print and pay method. It is designed for the buyers in which they enter the information regarding their check on an online form. The information that is entered by the customer is then encrypted and that information is transmitted directly to a clearing house. It is settled within 48 hours. After that the funds are withdrawn from the account of the buyer or purchaser. The withdrawn amount is deposited into the account of merchant and an email of receipt is sent to the buyer and online report is generated for the merchant. The merchant has a merchant account.

Transaction service payment method is faster than the payment method of print and pay. Both print and pay method as well as transaction method enables a merchant to accept checks online. The buyers can send by phone or even by fax.

Debit cards – when a payment is made through a debit card, the funds and amounts are instantly withdrawn from the bank account of purchaser. The advantage to pay via debit cards is that the buyer has the funds to purchase products and services and it won’t be charged back to them. Like a check is charged back with insufficient funds. The advantage to customers is that purchases are paid for right away and there is no shock like credit cards when the statement arrives in the mail.

Consumers can contact their merchants to confirm whether they accept debit cards payments or not. Most of the shopkeepers don’t use this method of online payment services but still it is becoming popular among all.