Accepting eChecks (electronic checks) and ACH payments (Automated Clearing House) online offers businesses a lower-cost, secure, and flexible method for transferring money directly from a customer’s bank account. In this article, we will explore how these payment methods work, why you should consider them, and step by step how to...
Recurring Billing with ACH: How to Save on Processing Fees
Recurring billing via ACH (Automated Clearing House) is one of the most cost-efficient ways for businesses to collect regular payments (subscriptions, memberships, service fees). But “cost-efficient” does not mean “cost-free.” There are many nuances around ACH processing fees, chargebacks, return fees, timing, and how to negotiate or structure your setup...
Guide to Accepting ACH Payments for Your Business
Harnessing efficient payment methods is crucial for modern businesses. Accepting Automated Clearing House (ACH) payments can open the door to new customers and streamline cash flow. ACH payments allow secure bank-to-bank transfers that bypass paper checks and high credit-card fees, making them a cost-effective alternative for businesses. In fact, NACHA...
What Is an ACH Transfer and How It Works
An ACH transfer (Automated Clearing House transfer) is an electronic movement of money between bank accounts in the United States. It’s the foundation of many routine payments – for example, payroll direct deposits, monthly bill payments, tax refunds, and consumer-to-business transfers – and is governed by rules set by the...