The most important advantage of ACH payments is cost. When an ACH payment is made, funds are directly withdrawn from the customer’s bank account and transferred to the account of the business providing the product or service. The benefits of ACH paymentsĪCH payments allow customers to make electronic payments even if they don’t have a credit card. If you can’t accept ACH, read on to learn what you need to do to offer your customers this payment option. These are electronic payments that are carried out through the Automated Clearing House (ACH), an extensive network of nearly every bank in the United States. After establishing electronic payment options for your customers via credit and debit card payments, you need to also explore the possibility of accepting ACH payments. As a business owner, your goal is to find convenient, time-saving, and straightforward ways to process customer payments.
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