back Back

Choice partners with Wix for ACH Payments

By Edlyn Cardoza

September 06, 2022

  • ACH Payments
  • Choice
  • E - Commerce
Share

Choice, Wix, ACH Payments, Electric Funds Transfer Payments, Fraud Management, e-commerce, Recurring Payments, USAChoice Inc., a global payments platform, and Wix.com Ltd., a global SaaS platform to create, manage, and grow an online presence, announced a partnership enabling Wix merchants in the United States to accept Automated Clearing House (ACH) electronic funds transfer payments. This account-to-account payment option will give Wix’s U.S.-based merchants access to Choice’s ACH payments infrastructure, eliminating processing time and fees and reducing the chances of fraud for merchants and their customers.

“Offering ACH as a payment option enables Wix merchants to convert more shoppers into buyers and expand revenue,” said Choice’s CEO, John Paul Golino. “We are eager to elevate the payment acceptance experience for Wix merchants and their customers with Choice’s cutting-edge technology.”

Offering diverse payment options that are secure, convenient, and easy to use is now fundamental to retail success. This partnership will give Wix’s U.S. merchants access to Choice’s omnichannel software solution, including adding ACH payments for e-commerce and managing recurring payments like subscription services and invoices. Furthermore, merchants will have access to real-time data for simple reporting, reconciliation, and customer management, offering actionable insights to help oversee transactions and keep track of business operations.

The frictionless payment process will ultimately help increase revenue and enhance the customer experience by adding additional ways to pay via different channels, including online checkout, payment by SMS texting, invoicing, or hosted payment pages—all enabling customers to make quick and secure ACH payments.

“We are always working to offer Wix merchants a variety of convenient and innovative payment solutions specific to the locations they operate in,” said Amit Sagiv and Volodymyr Tsukur, co-heads of Wix Payments. “With Choice, we are proud to further our mission of helping businesses grow by providing them with more payment options to streamline financial operations and the checkout experience, which ultimately helps them increase profitability.”

Recently, IBS Intelligence reported that Vyne launched its SME proposition via a new partnership with Wix.com Ltd. The partnership will give Wix‘s UK-based merchants access to Vyne’s open banking payments infrastructure, enabling them to offer their customers the ability to pay directly from their mobile banking app.

Previous Article

September 06, 2022

Mercury® Financial announces the launch of Mercury Rewards Visa card

Read More
Next Article

September 06, 2022

5 Challenger banks revamping the banking sector in MENA

Read More









IBSi Daily News Analysis

Middle East, Egypt

January 16, 2024

ACH Payments

Egypt among top remittance recipient countries in 2023: World Bank

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Storfund & Mangopay to ease cash flow for marketplace sellers

Read More

Today

Revolut teams with Jabil to scale development of mobile payment solutions

Read More

Today

Finastra taps Databricks to boost AI capabilities & enhance services

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023