ACH is well-known and widely used because it has a governing association, the National Automated Clearing House Association (NACHA). NACHA has made ACH a secure and reliable service that protects businesses from fraud and streamlines large transactions. Payment is deposited into bank accounts after being verified by an automated clearing house. These systems guarantee sufficient funds are available and then transfer the money into the right account, where the recipient authenticates them.
Commonly used to pay for cars, insurance, rentals, utilizes, and employee wages, ACH is a valuable resource for businesses. Recurring payment setup makes it easy to accept transactions from regular customers and businesses, and large purchases are no problem for the ACH system.
ACH Payment Gateway
Painless Processing offers a unique user experience through our ACH Payment Gateway. This service allows clients to set up one-time or routine payments, or send money whenever they need. We keep detailed records of all transactions, simplifying the process of balancing accounts and tracking funds. This form of electronic payment makes wire transfers and paper checks obsolete, decreasing the amount of time spent in managing payments. ACH transfers cost significantly less than wires, which can be 15 to 45 dollars to initiate and receive them.
High-Risk Payment Processing Solution with ACH
ACH helps small businesses maintain cash flow, including those that operate on e-commerce platforms or experience higher risk due to their industry. As a payment service provider since 2009, Painless Processing offers modern tools and a wealth of experience. We work closely with clients to ensure seamless ACH processing, and treat their business with the same respect and care as they do. Whether our clients have never used an ACH system, or need to change providers, we explain what they need to do and how they do it.
ACH processing allows customers and service providers to complete transactions quickly, often on the same day they were sent. The limitations of these transfers are determined by batch times which begin at 10 AM and end at 8 PM.