Inova Suisse is an online payment processor offering eChecks and Direct Deposit for both business-to-business and business-to-consumer transactions
Through Inova Suisse's eChecks service, merchants can capture online sales from both consumers and businesses in the US and Canada. Businesses are able to serve the 89 million US households that have checking accounts, including the approximately 10 million that do not have credit cards. In addition to increasing e-Retailing sales, eChecks are also well suited for recurring payments such as monthly fees and memberships.
Direct Deposit is a reliable, fast, and convenient way to issue payments from your company's account into the checking/savings account of an employee, affiliate, vendor, or another individual or business. The payment can be divided among several different accounts and between different financial intuitions.
eLockbox is Inova Suisse's complete payment solution for recurring billers, enabling consumers and businesses to pay bills electronically via the Internet. eLockbox provides a simple electronic payment option that supports multiple payment types, including eChecks. Payments can be made directly by the customer over the Internet and/or entered on the customer's behalf at the biller's call center.
To ensure business security, we have implemented not only technology to help identify and stop fraudulent merchants and consumers very early on, but also bolstered our business areas, including implementing a new accounting system, establishing thorough credit review requirements before accepting merchant and affiliate applicants, and instituting comprehensive risk management procedures.
Inova Suisse's User Authentication Service confirms the identity of an eCheck user, reducing online merchants' risk of buyers using a stolen account number.