HealPay offers powerful solutions to give you the flexibility to accept all three payment types.
Credit, Debit, ACH
Consumers can make online or automated phone payments via credit card, debit card, and ACH.
Allow consumers to borrow money for their purchases from businesses which means banks take on some of the risk. There may be a higher fee associated with this risk.
Debit card purchases are funded from the consumer’s bank account are basically cash transactions. There’s almost no risk for the bank and fees are lower.
A way of transferring funds between two financial institutions but aren’t guaranteed by the bank. ACH fees are typically lower. eChecks are a type of ACH payment.
high & low risk
Solutions for High Risk and Low Risk Businesses
There’s a certain amount of risk with accepting credit card payments and high-risk businesses may have trouble getting approved for merchant services.
HealPay specializes in merchant services and solutions for both high and low risk businesses. We leverage our banking relationships to get you approved for a merchant account so you can start accepting electronic payments right away.
What makes a business high-risk? High-risk businesses are in highly regulated industries, deal with customers who present a high risk of fraud, or may have high chargeback rates.
High-risk businesses need powerful, reliable, and current payment solutions just as any other business.