CheckFree Payment for Online Retailers
It’s more than just an e-check
CheckFree Payment for Online Retailers enables online shoppers to pay for purchases at
retailers’ Web sites utilizing checking or money market accounts. CheckFree Payment for
Online Retailers reduces the risks and costs typically associated with Internet e-check
CheckFree Payment for Online Retailers Unique Characteristics More Sales
CheckFree Payment for Online Retailers is a Easier Checkout. One-time enrollment simplifies
comprehensive e-check payment solution that enables the e-check payment process for customers, ----
online merchants to offer their customers an easy way to making future checkouts as quick and easy as Fast Settlement
make purchases with their checking or money market entering a sign-in ID and password.
accounts. By offering the CheckFree pay button to your ----
customers, you provide a full array of payment options Enhanced Customer Services. Customers continue
that allow your customers to choose the method of to reap additional benefits long after the retail Guaranteed Funds
payment that best meets their needs. purchase has been completed through the
availability of CheckFree’s electronic billing and ----
payment services. No Chargebacks
Product Benefits No Chargebacks
More sales—expand your potential customer base Access to Qualified Customer Base. Linked to
• 10M US households have checking accounts but
CheckFree’s rapidly growing online bill payment
not credit cards service at MyCheckFree.com, where millions of
• Reach millions of CheckFree subscribers today Internet savvy customers already use their checking
accounts to pay bills online.
Fast settlement—2 business days, guaranteed
Recognized and Trusted Payment Brand. More
Guaranteed funds—no liability for insufficient funds than 21 years of proven reliability in eCommerce,
where more than eight million customers initiate
No chargebacks—you settle issues with electronic payments through the Internet.
customers directly www.cybersource.com
How it works Who is CheckFree?
1. The customer initiates the payment process at your site by • CheckFree [NASDAQ: CKFR] has more than 21 years of
clicking on the CheckFree pay button. proven reliability in e-Commerce.
• CheckFree has multi-year contracts with 270 of the nation's
2. Customers who have already enrolled then authenticate top billers to provide online billing and payment through more
themselves by simply entering their sign-in ID and password. If than 780 financial services organizations, including banks,
a customer has not yet enrolled, they complete a quick and easy brokerage firms, Internet portals and content sites and
“in-flight” enrollment as part of the checkout process. personal financial management (PFM) software.
• More than eight million customers initiate payments through
• #1 in ACH processing. CheckFree software and services
process more than two-thirds of the United State’s 8 billion
ACH enabled payments valued at $22 trillion.
• CyberSource Corporation (NASDAQ: CYBS) is a leading
provider of electronic payment and risk management solutions
for enterprise businesses selling via multiple sales channels.
• CyberSource solutions manage transaction risk and enable
electronic payment processing for Web, call center/IVR, and
POS environments. CyberSource Professional Services
3. Following authentication, you submit the payment authorization
designs, integrates, and optimizes enterprise-wide commerce
request to CyberSource.
• Approximately 3,000 businesses use CyberSource solutions,
4. CheckFree initiates settlement into the merchant’s account
including over half of the Dow Jones Industrial companies.
within two business days.
How to get CheckFree on your site
Within days, you can have the CheckFree pay button operating on
Installation is straightforward and can be accomplished quickly.
your Web site. CheckFree Payment for Online Retailers is designed
There are two installation steps: enabling transactions and enabling
to work with any shopping cart package, and implementation is fast
1. Enable transactions – install the CyberSource API (if not
To see a demonstration and to find out more about CheckFree
already installed) and configure the transaction request similar
Payment for Online Retailers, contact CyberSource at 1-888-330-
to a standard e-check transaction.
2. Enable authentication – download and install sample code
required to display the CheckFree pop-up window.
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