ACH prearranged payments are simple and more cost effective than credit card processing. In fact, the Federal Reserve found that between 2003 and 2012 ACH payments increased by 10.9% per year.

• Let ACH Advantage help with you ACH origination!
• Daily reporting and a virtual terminal help you stay on top of your payments.
• Recurring payments are easy to set up, and cost less on average than credit card processing.
• Automated recovery of declined payments minimizes risk.

Not all payments of course are recurring. ACH advantage offers options for checks as well.

• Back Office Conversion converts checks to electronic payments for faster processing times.
• Check Verification Services help reduce the risk of returned payments.
• Consolidated Returns keep down the cost of returned payments by reducing bank fees.
• Electronic collection of returned payments helps to safeguard your cashflow.

Posted May 19, 2015

NACHA announced today that its voting membership approved Same Day ACH, an amendment to the NACHA Operating Rules to move payments faster. The rule enables a ubiquitous same-day capability for virtually any ACH transaction, creating options for the businesses, governments and consumers who want to move their money faster.

Source: https://www.nacha.org/