Are you looking for a Processing Solution for your High-Risk Business?

Recent NACHA regulations eliminated ACH processing for high-risk merchants. Bank Drafts have become the viable solution for merchants in the telemarketing, online gaming, mail order/phone order, and Internet businesses. Bank Drafts enable you to collect receivables faster than the minimum one-week turnaround included with ACH payments. If you fail to meet NACHA authorization standards or do not want to put up with high reserves and increased processing rates, Stellar ACH is your solution.

ACH Services offers a complete Check Drafting solution that in some cases is better than ACH.

Whether you accept payments by phone, fax, or Internet, your business can start accepting Bank Drafts as quickly and easily as you once accepted ACH payments and credit cards. It's simple to use. You send us an electronic file with the checking information from your customers. ACH Services will print, process, endorse, and sort your paper drafts and provide detailed daily deposit reports for you.

Bank Drafts can be used for single or recurring payments. Each deposit you send will be listed on our real-time, online reporting website for you to track. With daily deposits, you will be able to identify returns and have access to your funds faster than ever.

Key benefits of our Bank Draft program:
     - Quick activation                                - Very Competitive rates
     - Quick notice of returned items           - ATM Verify 
     - 24/7 online reporting                        - Daily deposits and payouts

Check Drafting FAQs

How do companies benefit from using Bank Drafts?

Bank Drafts have become the only available option for companies to process ACH payments offered by out-bound call centers. Bank Drafts are an excellent method of processing, especially for those merchants in a high-risk industry who are unable to establish an ACH Merchant Account. Bank Drafts are perfect for businesses in telemarketing, online gaming, mail order, and phone order.

What sets our service apart from others?

Bank Drafts comply fully with FTC regulations. Each entry is verified using our real-time system. We will handle all of the processing, endorsing, and sorting and supply you with a detailed daily deposit of your drafts. Feel free to check the status of your drafts via our web site that is in operation every hour of every day. Don't wait a week for an ACH deposit when you can get immediate credit for all payments taken over the phone each day.

What makes businesses choose Bank Drafting instead of ACH?

Merchants opt for Bank Drafting over ACH because they do not want to pay the expensive rates for ACH service approval. Many times, the merchants can't even meet NACHA authorization standards in the first place. The main reason is that merchants want to gain access to their money as soon as possible. With Bank Drafting, they can access their funds almost immediately.

What are the benefits of Bank Drafting?

Bank Drafting is generally cheaper than using the ACH network when dealing with accounts receivable. You receive 100 percent of the value of your checks. Since they are deposited daily, you can access your funds as quickly as possible instead of having to wait a week or more.

Is it hard to use Bank Drafting?

Absolutely not! It's as simple as sending an email or uploading a file to our website. With no lengthy application or long approval process, you can begin processing the same day you send in your application.

Stellar Payments Systems is a registered ISO/MSP of BancorpSouth Bank, Tupelo MS