ACH Payment Processing for Healthier Payment Transactions

ACH provides you with a secure way to transfer money ACH transfers are a way to move money between accounts at different banks electronically. They enable you to send or receive money conveniently and securely. Certainly, you may be using ACH transfer but you may not know it. Direct deposits are also a kind of ACH transfer. The other utility bills can also be paid through ACH. The payments that are made for recurring deposits also lie in this category. It also empowers businesses to receive payments from clients and customers. Some of the bigger player or developed companies like Venmo and Zelle also use ACH payment method to send money. Get the easiest and simple payment transactions with ACH payment processing that will allow you to have smooth and flexible payment transactions.

Advantages and Disadvantage of ACH Transfers

We already know that paying bills and making the person to person payments are some of the utilization of ACH processor.

  • ACH networks are often preferred because of its wide range of features such as cost-efficient, consumes less-time than writing and mailing a check, efficient way to transfer the money.
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  • Making a payment transaction through ACH is quick and easy. Generally, the normal transactions take 1 to 2 days to transfer the money from one financial institution to other financial institution.
  • ACH transfers are simple and easy, but it may not be the ideal option for making the payment transfer. There are some important things to consider while transferring the money from one financial institution to other financial institution. Though, there are no major drawbacks to this process.

ACH Transfer Transaction Limits

Many banks may consider imposing certain limits on how much money can be transferred through ACH networks. It may be based on the per day transaction, weekly and monthly transactions. It can also be possible that you might have one limit for billing payment and other limits for other bank transfer.

Alternatives options for making payments 

There are also other ways to transfer the money securely through other apps such as there is one other app a social payment money transfer that does the same job. These apps are doing a fabulous job they allow people to transfer money through their email address or phone number. The money can directly be credited to your bank account, credit card or in-app wallet.

One of the major advantages of using these apps is the speed that they provide in handling this kind of payment transfer apart from easy to use the feature. Based on which platform you are using, you may be able to complete the payment transfer. It is recommended to take suggestion from experts who have a profound experience in providing payment gateway solutions they can better provide you with the best payment processor available in the market. Get the best ACH Payment Processing required to take your business to heights.

Paycly has years of experience in providing merchant account solutions to merchants to provide them with safe and secure payment transactions. We have helped several clients achieve their objective and meeting the demands of the business. We will also provide parallel support to our clients so that they can easily troubleshoot any problems that come along with the payment processing. We provide ACH Payment Processing solution to businesses so that they have a better option to receive online payments.  

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