AN INTRODUCTION AND THE BENEFITS OF ACH
PAYMENT PROCESSING SYSTEM
Providing your online customers with
alternative payment processing methods
could win you that all important
contract which could change your
business positively. Payment options
other than the credit card should also
be accepted by you since there are a few
debt conscious customers who don’t have
credit cards and there are few who have
reached their credit limits. With the
ACH payment system your customers will
have the option to pay for their
purchases using e – checks without
worrying about increasing their debt due
to credit card. Other than saving your
customers from a credit problem, there
are several more benefits to this
What exactly is the ACH Payment
In “ACH payment processing” the
authorization of the transaction is not
in real time but the funds or money will
be transferred from one account to
another electronically in some days.
This allows you to accept payments
through phone or online or in – store.
It also permits you to convert the paper
checks in to e – checks.
How can I save money using “ACH payment
The ACH transactions only attract a
fixed fee for every transaction. The fee
is much lower than that which is charged
for credit card. With the credit card
there are several fees applicable and
there is also one fixed and one variable
fee for each transaction. The ACH system
also saves huge amount of money for the
customers because they don’t have to pay
any interest. Also, both merchants and
customers will be able save lot of money
if they take advantage of both the
recurring billing features and e – check
What exactly is an e – check processing?
It is one type of the ACH transaction.
It is the process of scanning the paper
check and then submitting it for
clearance, electronically. This will be
a lot convenient for the merchant
because he will not have to go to the
bank each day to get his own money.
Another way for processing of e – check
is by submitting the check information
through a secure and safe, internet
based system. You can do this using the
ACH system. All that you have to enter
is the account number, bank name and the
routing number and the ACH system will
do the rest. This facilitates the
payment through phones method.
How will my business be benefited by
If you are able to get scheduled
payments then the liquidity of your
company can be maintained very well.
Additionally, by automating the billing
process you will save money and time and
also don’t have to worry about sending
invoices to your customers manually. On
the customer’s side, they will be
relieved of the job of collecting paper
The “ACH payment processing” along with
e – checks will save you Time and Money
Credit cards are no longer the only
means to make online purchases. In fact,
the ACH payment processing not only
accepts online payments but charges much
lower fees than credit card processors.
one of our helpful account
representatives to assist you in the
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