Automated Clearing House (ACH) is an electronic network for financial transactions in the United States. ACH processes large volumes of credit and debit transactions in batches. ACH credit transfers include direct deposit, payroll, vendor payments, direct debit transfers, and other kinds of bills.
Some business prefer to use ACH to have customers pay directly to their bank account rather than requesting a physical (paper) check or credit/debit cards, or some other form of payment.
Use ACH to make payments like:
- Business-to-business
- Direct debit payments
- payment of consumer bills such as loans, utilities, insurance premiums, rents, and any other regular payment
- Direct deposit
- E-commerce payments
- Employee payroll
Direct Deposit via ACH and Direct Debit via ACH are simple, safe, convenient and cost-effective electronic payments options that businesses of all sizes can utilize to make and receive payments.
ACH helps reduce errors, saves valuable resources, and provides much greater security than with paper checks, as you pay bills and get paid electronically.
When you schedule payments, our system automatically sends ACH payments to any vendor that is set up for electronic payment. And setting up your vendors is simple and easy, too.
After that, you never have to think about it again. Get paid faster, automatically and at the same time every month!
Would you like the ability to directly debit your customers bank accounts on a reoccurring basis? Current Merchant can make this easy from the click of your mouse. Contact us today for an application.