An agreement has been reached for CCBill to acquire ACH processing solution provider WTS. ACH, or online check, transactions have remained a popular choice among consumers and merchants within e-commerce, and we remain committed to providing the payment option to our merchants.
“As market behaviors and banking practices continue to evolve, ACH transactions have remained a viable and popular choice within e-commerce,” said Jake Powers, COO of CCBill. “We remain committed to providing this option for our merchants, and are excited to move forward with plans to help the many merchants being served by WTS.”
While no other details about the agreement are being shared at this time, they will be provided as they become available. In the meantime, any WTS merchants can continue to work with WTS as usual, until otherwise notified.