Merchant Accounts

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Ach Transactions

Written by Patricia Tunstall
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ACH Transactions Benefit Customer and Merchant

ACH transactions obviously expand customer options for payment of purchases. Patrons of any business have high expectations about customer service, and the assumption that any form of payment is accepted is widespread among shoppers. Either because they do not have credit cards, or are keeping their card charges at a minimum, many consumers prefer to write a check for purchases, and expect ACH services to be available.

Merchants who increase payment options for customers also increase their own sales. Any time a merchant opens up payment choices for patrons, that merchant opens up the customer base to include both those who want to pay by credit and those who want to use a debit method. By using ACH transactions, merchants let customers know their business is appreciated enough that they can pay by any conventional means.

Online Check Verification

Automated Clearinghouse (ACH) is an electronic, nationwide system that permits online payment of purchases with checks. Customers can use their current checking or savings account, and are assured of the security of their personal and financial information. By using paperless checks, merchants may nearly double their internet sales, as the value of online checks will soon reach $10 billion!

With comprehensive ACH check processing, merchants are spared the expense of installing a turnkey system. They also do not need the special merchant accounts that are required for credit card payment services. ACH transactions are processed quickly and securely to the mutual satisfaction of customers and merchants.


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