There are many advantages to ACH payments – faster settlement timeframes, shorter return notification windows and automated return re-submission. This coupled with a low cost per item in comparison to other payment systems such as wire transfers and credit cards make it an attractive payment system for many businesses.

  • ACH transactions have the lowest cost associated with any payments system.
  • An ACH payment is typically more secure than sending money by other means. This is because the ACH Network that this transaction passes through is completely automated and in order for the transaction to be processed, all of the banking information has to be completely verified and authorized, and they need to abide by the Operating Rules.