Think of an ACH transaction as the electronic flow of funds from one bank account to another. Here’s a quick guide to what ACH payments are, what they aren’t, and why you might want to add ACH transactions as a payment option for your business. While credit cards, debit cards, and checks are a great mix to provide for your customers, ACH payments give you even more flexibility and potential to increase profits.
ACH transactions are a form of electronic payments that go through the Automated Clearing House (ACH) Network.