Understanding ACH (Automated Clearing House)
The Importance of Payment Options in Business
When you are starting your business there are a myriad of things to think about. One of the most important issues is how you will generate enough revenue to make a profit and for the first few years, even survive. Assuming you have a solid marketing plan in place to bring buyers to your online store or storefront premises, how do you get the customer to purchase your products or services once they are there? For more insights on creating effective marketing strategies, visit the U.S. Small Business Administration website.
Facilitating Easy Purchases for Customers
The ease of purchase should be high on your list in convincing customers to buy. Your ability to accept credit cards (whether physically or online), checks and cash are all crucial to your success. With the exception of cash, a full service merchant service provider can help you to accept virtually any kind of payment from your customer.
AVP Solutions: Experienced Merchant Service Provider
AVP Solutions is one such provider with over 25 years experience in setting up business merchant accounts for big or small companies. AVP will set up your merchant account in less than 24 hours so that you can focus on selling your product instead of worrying about payment.
The Role of ACH in Payment Processing
Centering on ACH enables the acceptance of checks, physical credit cards, or online credit card payments. You might wonder, what exactly is ACH? Essentially, the Automated Clearing House operates in partnership with the Federal Reserve to authorize consumer payments. It serves as a private and secure electronic payment transfer system, linking numerous financial institutions through the Federal Reserve network.
Comprehensive Payment Solutions from AVP Solutions
AVP Solutions offers a full range of merchant account services including the ability to accept payments by:
- credit card
- e-checks
- wireless processing
- internet, mobile and web based payments
- kiosks
AVP Solutions’ Customer Service Support
AVP Solutions offers customer service support 24 hours a day by toll free telephone or access to an individual business web site.
