ACH Transfer System Processes:
- Direct-debits
- Electronic Checks
- Recurring ACH Billing
PaySimple provides simple ACH transfer solutions for businesses. You can deposit paper checks as if they were electronic funds, accept checks over the phone or online, and directly debit customer accounts— instantly and from your computer! By using PaySimple ACH transfer services to process your payments, you can typically save 55% over paper check processing.
You can accept ACH transfers for only 55 cents each!
- Automatically convert paper checks into an electronic transfer via Federal Reserve Bank’s Automated Clearing House (ACH) network.
- Directly debit customer bank accounts.
- Turn your computer into a “virtual cash register” and accept payments by phone, online or in person.
- Implement auto-recurring billing with direct-debit from bank accounts.
- Recieve automatic notificication of transaction updates.
- Eliminate inefficient trips to the bank.
- Provide better customer service via more flexible payment options.
- Get your account up and running in a couple of days--no reserve funds required.
What is ACH?
The Automated Clearing House (ACH) Network is a highly reliable and efficient nationwide batch-oriented electronic funds transfer system which provide for the interbank clearing of electronic payments for participating depository financial institutions. The Federal Reserve and Electronic Payments Network act as ACH Operators, central clearing facilities through which financial institutions transmit or receive ACH transfers.
