The ACH Advantage

The ACH Advantage

April 26, 2018 | 3-minute read

Accepting ACH payments is easy, safe and cost effective for merchants and customers.

Possibly last in familiarity, but still #1 in our hearts, accepting ACH payments is a win-win.

(“What is ACH,” you ask? Read up on how ACH payments differ from card payments.)

What kind of transactions are ideal for ACH?

ACH is best suited for environments where clients know who their customers are—they tend to be used by entities like schools and nonprofits,  since customers know they’re dealing with an organization they trust.

There are no real drawbacks to using ACH payments; your end users simply need to type in their bank account information rather than their credit card number.

Are ACH payments safe?

Absolutely. For both the consumer and merchant, the risk is equivalent to accepting a physical check as payment. If a customer attempts to use an account with insufficient funds, the bank will shoot back a failed transaction notification and go through its normal processes.

Do ACH payments cost the merchant more?

Nope. ACH payments are actually the most cost-effective way for merchants to accept payments (other than cold, hard cash). That’s why we recommend merchants always offer ACH as a payment option—it doesn’t cost any more to add to the mix.

Is ACH acceptance a pain to set up?

Not with PaymentSpring. Users can enable ACH payments through the API or with the Checkout Widget. And, like credit payments, ACH customers also get the benefit of recurring payments and e-invoicing.

We’re big fans of options—for you and for your customers.

Explore yours.

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