ACH Payment Processing


Collect accept ach payments by forms using Jotform’s Payment Gateway Integrations. Add our Stripe ACH payment integration to your payment form — then embed the form in your site or share it with a link to start collecting submissions. needs to review the security of your connection before proceeding. Click to learn more about automating payment collection and eliminating late payments with GoCardless and ACH Debit. Hear from other accounting and finance professionals who are finding success with AvidXchange. Streamline your entire invoice process while matching your current approval workflows.

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Beyond this, are there additional reasons to use ACH payments at your business? In short, ACH is a fancy term for a money transfer from one financial institution to another. The information in this article is intended for general information purposes only. You should not rely on it as the sole basis for making any business, legal, or other decisions. While we make every effort to ensure that facts stated are correct at the time of publication, we do not accept any responsibility for keeping this information up to date.

What are the benefits of accepting online payments through ACH?

ACH Direct Debit is available for U.S. transactions for an additional processing fee that varies according to your pricing agreement. Collect the customer’s bank account information (or, often if you’re acting as a vendor, give your bank account information to the client). You need a bank routing number and account number for both the payer and payee. Generally, this collection happens through a third-party platform, such as Gusto or Stripe.

They will have faster service, and their data will be secure. Fintech companies can offer consumers the option to use ACH payments rather than their more expensive counterparts—credit cards. For ACH direct deposit or credit, some fees are typically required.

The Best ACH Payment Processing

Shop around and find an ACH processing merchant whose fees will best fit your needs. Stripe doesn’t explicitly label ACH Direct Debit refunds as refunds when we deposit the funds back to a customer’s bank account. Instead, we process refunds as a credit and include a reference to the statement descriptor for the original payment. If you don’t need your money right away and can deal with some slight inconveniences, you may prefer to encourage clients to issue checks. If you primarily process a high volume of retail transactions, you may want to stick with cash or credit cards instead.


In comparison to paper checks, it is more convenient to accept echeck payments and collect payments straight from a customer’s checking account into a merchant’s bank account. Businesses need to create an ACH merchant account to withdraw electronic payments from customers and accept payments. With ACH transfers, payments are processed more quickly and securely than writing checks. ACH payments offer some of the lowest processing fees of any form of payment, beating out wire transfers and even most credit card payments. If you use a provider with a flat rate, you’ll also have more predictable costs than the fluctuating percentage fees that come from processing credit cards.

What is ACH debit vs ACH credit?

In many respects, ACH payments are very similar to wire transfers, except that ACH payments are slower and less expensive. This article is for small business owners interested in electronic payment processing options. No, once you enable ACH payments in Square Invoices, you’re all set. No need to contact your financial institution, just start accepting payments. Square uses a tokenized check system that leverages a connection through a third-party provider, Plaid, to present customers with their bank login UI at checkout. This verification option allows your customer to enter their bank login credentials instead of providing their account and routing numbers to you.

  • In 2021, ACH processed 29.11 billion transactions with a total value of $72.6 trillion—or roughly 87 payments per American.
  • Both ACH payments and credit card payments are convenient ways for merchants to accept payments electronically.
  • ACH transfers can be used to receive or send money from either a business or a personal bank account, even if the two account holders do not share the same bank.
  • You’ll always have direct access to our engineering support team via chat.

Typically ACH fees cover the operational expenses of transmitting the data to the ACH Network and reconciling the payments to customers. An ACH transfer may fail if the payee does not have sufficient funds in their account. The transfer may also fail if the payee decides to revoke or cancel the transfer before it is complete.

Ready to boost revenue for your business

ACH-enabled bank transfers are direct account-to-account transfers that take days to process. You can withdraw electronic payments directly from your customers’ bank accounts for the goods and services you have provided by opening an ACH merchant account. The ACH payment fee is determined by the bank or payment processor you use. At the same time, upon connection of a bank account, online cart checkouts make ACH as easy to use as a credit card. Paired with tools to overcome some of ACH’s weaknesses, the payment method becomes a viable option for businesses tired of paying high processing costs. With debit card transactions, you also draw funds directly from shoppers’ bank accounts.

Can PayPal accept ACH payments?

PayPal offers services that allow merchants to originate Automated Clearing House (“ACH”) credit and debit entries to a bank account (the “ACH Service”) and Merchant desires to use such services.

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