ACH Processing or ACH Payment Processing (also referred to as EFT) provides a mechanism to move money electronically. The Automated Clearing House (ACH)
 is used to transfer funds electronically to and from US (and Puerto Rico) checking and savings accounts.
Businesses can use ACH Processing to reduce costs and improve operational efficiencies.Among the many application of ACH
Payment Processing are:
- ACH Recurring Billing Click Here
For Our
- ACH Check by Phone or Fax Recommended Source
- Direct Deposit or Direct Payment
- ACH Integration (Automated Billing)
- NSF Check Recovery
- Internet Check Processing
The ACH or Automated Clearing House is a government regulated entity that receives instructions from Banks to transfer funds electronically from one account to another. The transfer is accomplished through the banks "FedLine". There are some private companies with their own "FedLine" but by and large a bank is "connected" to the ACH. Banks traditional offered only their large clients with large deposits the ability
to use the ACH network. This gave rise to the "Third Party Processor". The TPP developed more user friendly and powerful front end tools (software/Internet ASP) that would enable businesses of any size to realize the benefits of ACH processing.
Much of the growth in the ACH volume can be attributed to the TPP.There are many Third Party ACH Processors. How do you know you are working with a legitimate, reliable provider? Ask questions like:
- How long have you been in business?
- How many transactions per month are you processing?
- Who are some of your "name" clients?
- What kind of front end (software/Internet Virtual Terminal) tools are available?
- Can you demo the products? (What good is a tool if you don't know how to use it?)
- If you are looking to integrate can you get their API and talk with tech support?
- How does support work?
Ultimately you need to feel comfortable the person you are talking to knows what they are talking about. Get our FREE guides "The Secrets of ACH Processing" and "How to Save 80% or More on Payment Processing" and educate yourself and business. Make an informed decision. ACH Payment Processing is a fantastic tool that almost any business can use to become more profitable and efficient.
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