What is ACH? ACH payments are electronic check payments that many businesses can use to expand their customer base. The Automated Clearing House, which is what ACH stands for, works similarly to a wire transfer but without actually being a wired payment. If you are looking for a secure way to process check payments from your customers, ACH is the way to go. These payments are resolved in just a couple of business days, which means that you will get your money faster than you might with traditional check payments. There are many benefits for business who accept ACH payments.
One benefit is that electronic check payments don’t actually require you to have the physical check in hand. This means that you can accept check payments from your customers online. If you have a webs business this can expand your customer base and help create more sales for your company. Another benefit to ACH is that the payment is cleared or rejected through the Federal Reserve quickly and efficiently, which helps when processing orders online for your customers. Processing your check payments electronically can save your business a lot of money in chargeback fees while allowing your customers more payment options.
When you choose to use AVP Solutions to process your check payments, you are getting the best in payment processing technology and service. AVPS can work to minimize your chargebacks or returns and consolidates all of that information on our database so that you can see this activity on your monthly statement. We offer secure electronic check processing as well as credit card processing solutions to online and brick and mortar businesses and we can help you take your sales to the next level. To learn more about how your business can benefit from accepting ACH payments, give us a call at 1-800-719-9198 today to speak with one of our friendly sales representatives. AVPS is your payment processing solution!