ACH / eCheck
Automate your Business, increase your Bottom Line online or Over the Phone
What does ACH Payment mean?
ACH, an abbreviation of Automated Clearing House, is a financial network that clears and settles electronic transactions as well as processes payments and direct deposits. ACH transactions are less expensive than card payments because they bypass card networks and in doing so also bypass interchange and assessment fees.
What is an eCheck?
How are eChecks different from ACH Payment?
eChecks or electronic checks and ACH are essentially similar and the terms are used interchangeably. While ACH uses a client’s bank account information to transfer funds, eCheck uses a check in an electronic form to submit payments.
How do I accept ACH Payments?
Using a merchant account provider, such as AVPS, or a standalone ACH processor
makes e-checks/ACH payment processing solutions easier and more convenient.
Here are some tools for ACH payment processing:
Check Scanner
Not only process paper checks but also transform them into ACH transactions. Run a paper check through the scanner and deposit it online.
Virtual Terminals
Process online, mail order and telephone payments through ACH payments. Type the information or have your clients submit theirs over the web.
Benefits of an ACH Account
Have you visited shopping sites that accept eChecks? By offering alternative payment options to your clients, paying online or over the phone is now a convenient stress-free experience.
With eCheck payments trips to the bank and paper checks are a thing of the past.
ACH Processing Solutions provide encrypted secure payment services to keep your business safe and running.
