ACH payments are electronic fund transfers between banks. So ACH payment processing is a convenient way to send and receive money with just a bank account number and routing number – no cash, checks or cards required.

If you've ever used direct deposit for your paycheck or signed up for recurring payments where the merchant takes the money from your checking account, you've experienced ACH payment processing firsthand. It's just one of the digital ways to move money from point A to point B.

Businesses save time using ACH payments because they eliminate the need to handle fraud-prone paper checks, manually handle recurring invoices, or track payments by mail. Moreover, customers have different payment preferences such as credit card, debit card, ACH, and so on. The more options you offer, the more likely you are to get a satisfied customer and new sales.

To learn more about the ins and outs of ACH payment processing, read our blog post where we dive deeper into payment processing times, transaction fees, how to accept ACH payments, and much more!
https://paymentdepot.com/blog/ach-payment processing/

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