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Old 02-17-2021, 05:41 AM
cramerjohn004 cramerjohn004 is offline
Smoke Show
 
Join Date: Jun 2019
Location: New York
Posts: 403
ACH processing

Uses of ACH Payment Processing

o Allows direct deposit of payroll, social security, other government benefits and tax refunds; o Direct payment of consumer bills such as mortgages, loans, utility bills and insurance premiums; o Business-to-business payments; o E-checks; o E-commerce payments; o Federal, state and local tax payments

How ACH processing Benefits Big Companies and Individuals
o Cheap method of transaction - ACH Processing also saves consumers an average of $85 a year in postage and up to $30 a year in check costs o Efficient and Fast - More efficient alternative to paper checks. ACH payment processing simplifies your life by taking the hassle of paying the bills and saves time o Reduces Payment Processing Expenses - We don't need to pay high credit card fees because ACH payment processing offers the same convenience with dramatic savings o Better option - ACH payment processing is another suitable payment option to offer to the clients, customers and donors.

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