What is ACH Processing?
The use of electronic clearing houses for electronic funds transfer (EFT) has dramatically improved both the efficiency and timeliness of transaction of all types. The Automated Clearing House (ACH) is a system of the U.S. Federal Reserve Bank that offers EFT between banks. ACH processing allows for all kinds of fund transfer transactions and the ability to process large volumes of electronically originated batches of credit and debit transactions. Understanding and applying the full benefits of the ACH process could be crucial to your business.
Some of the most frequent uses of ACH payment processing involve direct deposits of payroll, Society Security and other government benefits, and tax refunds. Mortgages, loans, utility bills, insurance premiums and other consumer bills are other direct payment options. Business-to-business, e-commerce, e-checks, and even federal, state and local tax payments can also be effectively managed by ACH processing.
CheckGateway.com is the place to come for all of your E-checks and other direct payment options. We have the technical capability, flexibility, knowledge and reliability to successfully accept and process all multiple-payment vehicles. We also possess fraud scrubbing capabilities and gateway and online reporting. We have a wide array of services that allow us to handle accounts of any size while ensuring satisfaction among our clients.
Learn more online or contact us at 1-480-785-2262 for further information about ACH payment processing.