ACH

Mobile payment processing services Next Stage Payments

ACH, the Automated Clearing House Network, is a means for receiving payments directly by bank funds transfer between accounts. Small to medium-sized businesses can save money on credit card processing fees by accepting ACH payments.

  • Low Fees
  • Better Security
  • Convenience
  • Receive Funds Faster
  • Eliminate Human Errors
  • Make Recurring Payments Easy
  • Reduce Forgotten Payments

Next Stage Payments can handle the setup and processing so your business can accept ACH payments from clients and other parties. While ACH payments may not be an attractive option for POS businesses, many service-oriented businesses find ACH to be a positive solution for receiving payments. Those businesses that accept monthly installment payments find ACH greatly reduces the rate of missed or forgotten payments.

ACH, eChecks and EFT

ACH, eChecks and EFT are often used interchangeably, but there are some subtle differences. eChecks and ACH are types of EFT (Electronic Funds Transfer). However, ACH and eChecks operate over different systems and have different methods of dispute resolution and chargeback policies. ACH and eChecks operate similarly:

  • A customer authorizes a certain amount of money to be withdrawn from their account.
  • The money is transferred electronically from the customer’s financial institution to the merchant’s financial institution.
  • The money is then deposited into the merchant’s bank account.

Next Stage Payments offers all kinds of EFT payment processing for your business, including eChecks and ACH. Many customers prefer these payment options, deeming them more reliable and secure than credit or debit cards. Offering multiple convenient payment options for your customers makes it easer for them to pay and more likely to shop with you again and again.

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A True Partner In The Payments Space

Ready for a custom solution to improve your payment experience, while increasing your efficiency and reducing your risk?