ACH & eCheck | AltruPay

ACH & eCheck

ACH is a critical component for any number of businesses and industries who rely on remote payments.

When it comes to accepting payments via ACH, the rules of the road can at times be difficult to understand. ACH is essential for some businesses, and beneficial for many others. In many cases, the fees associated with accepting ACH or eChecks can be significantly lower than taking payment via credit card, creating a strong business proposition to incorporate this payment option into your business. ACH as a form of payment may also work better for your customers while also helping your business’ bottom line – a true win-win for all.

So which ACH or eCheck solution is best for your business’ individual needs?

Whether you handle a lot of high-ticket business to business transactions, receive payments as part of your sales hub, or simply wish to provide a wider variety of payment options for your clients, AltruPay’s payment processing specialists will work with you to best understand your unique needs and those of your customers. We accomplish this while also creating a customized service plan that not only provides you with trust and confidence in your payment processing services, but adds to your bottom line as well.

At AltruPay, we get it – we’re business owners too. Let’s work together and find the best solution for your needs!

ACH vs. eCheck – Which is the best option for you?

ACH and eChecks share a number of similarities, and essentially work via the same process and system, but they do have some distinct differences. ACH stands for “Automated Clearing House,” which provides a secure means to take a debit from one party’s account and put it into another bank account (i.e., a customer sending money to a merchant, or a business paying a contractor). This is done through a third-party payment processing company, which acts as the intermediary for these transactions.

While the process is much the same for ACH and eChecks (eChecks actually use the ACH system), eChecks are generally one-off payments, whereas ACH payments are utilized more often for recurring and ongoing direct deposits (and for large transactions as well). Since they are not one-off transactions, ACH payment information is typically stored for future online payments. Since eChecks are not recurring, payment information from these transactions is not stored. Whether you’d prefer to accept ACH or eCheck transactions, both provide a quick, easy, and safe and secure means to transmit money electronically.

Of course, you don’t need to be the expert when it comes to the differences between ACH and eCheck payments, because we are! Our experienced team will learn about your business and its needs to provide you with a range of options best suited for you.

AltruPay’s Extensive Network Serves You Best

AltruPay offers a wide array of options to serve your ACH and eCheck processing needs. While all banks in the United States can use ACH, as a business owner, you want to be assured that your payment provider is up to the task – not only from a technical perspective, but from a customer service point of view as well. AltruPay is dedicated to providing the highest level of boutique service, and we strive to tailor payment processing solutions to best meet your needs. Let us work with you to find the best solution to fit your business and budget.