CheckAlt has added electronic check payments as an option for consumers purchasing gift cards through CardCash.com.
After an eCheck transaction clears, CardCash customers will receive an image of the eCheck on their bank statement, Los Angeles-based CheckAlt said in a Dec. 29 press release.
CheckAlt said the check image makes it easier to identify and track purchases when compared to the alphanumeric string generated by an Automated Clearing House transaction.
CardCash.com, a secondary gift card marketplace, is offering customers an extra 2% discount off its gift cards for using eChecks.
CheckAlt develops products based on the Check 21 Act, the federal law designed more than a decade ago to speed commerce and end reliance on paper checks. To that end, CheckAlt acquired ERAS, a Check21 software firm, from Diebold Inc. in June.