CheckAlt Completes Magento Plug-in to Enable a Better, Cheaper Payment Solution For eCommerce

LOS ANGELES, March 25, 2013 /PRNewswire/ -- CheckAlt, a Check 21 application company, announced today the completion of its plug-in with Magento, an eCommerce solutions provider. The plug-in will enable Magento users to make and accept payments by eCheck.

Using CheckAlt's Check 21 technology, the eCheck plug-in will give users an alternative payment option to credit cards that offers faster settlements and lower rates. And because CheckAlt eChecks can capture additional lines of data (i.e. invoice number, client code, company account number, etc.), the plug-in will help to drastically eliminate chargeback disputes and give an overall more transparent payment experience.  

"Understanding the needs of eCommerce companies and their desire to lower processing costs has inspired us to create this plug-in application. Offering eChecks via Check 21 will accomplish lower fees and enable larger marketing dollars to grow top lines. CheckAlt can have a merchant live with eChecks in less than 72 hours," said Shai Stern, Co-Chairman and CEO of CheckAlt.

About Magento
Magento offers flexible, scalable eCommerce solutions designed to help businesses grow and succeed online. The Magento platform is trusted by more than 150,000 businesses, including some of the world's leading brands.

Customers choose Magento because our cost-effective solutions—built on open source technology—enable businesses of all sizes to control and customize the look and feel, content, and functionality of their online stores.

We offer a range of resources, support, and consulting services to help our customers get the most from their Magento deployments, including education, training, and developer certification programs. Our global community of partners and developers gives customers access to robust third-party extensions and certified professional integration help.

Magento is owned by eBay Inc., a global leader in commerce technology. Our relationship enables us to offer our customers, partners, and community members a wealth of experience and resources in commerce-related technologies, as well as access to world-class, branded capabilities from eBay Marketplaces, PayPal, GSI Commerce, and others. If you're new to working with Magento, welcome. We look forward to helping you grow your business.

About CheckAlt
CheckAlt is a Check 21 application company providing Remote Deposit Capture (RDC), eCheck services, and mobile payments. CheckAlt's clients include banks, credit unions, check cashers and MSBs (money service businesses), insurance companies, municipalities, utilities, and small and medium-sized enterprises. CheckAlt delivers x9.37/ICL files to 200 + financial institutions daily and possesses the most robust integration tools in the industry. CheckAlt is the fastest way to move money with data.

SOURCE CheckAlt

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