Category: ACH Payments

Simple Guidance For You In Best ACH Payment Companies

Best ACH Payment Companies: What Your Business Should Know

The  ACH SMS   [Automated Clearing House] Network allows for electronic debiting [and crediting] of checking and savings accounts. The network currently operates in the US and Puerto Rico.

The best ACH Payment Companies will offer the following:

Simple Guidance For You In Best ACH Payment Companies
  • High Risk ACH Solution for businesses more at risk for chargebacks
  • An ACH Virtual Terminal that will allow you schedule recurring ACH payments as well as one-time payments via phone. Ability to edit future payment dates and $ amounts
  • Automated NSF handling for rejected ACH transactions. You can resubmit non-sufficient funds transactions automatically with  varying rule set eg Retry debit first Friday am after reject
  • A secure ACH Website Payment Collection page. Customize logo, colors etc and collect desired customer payment data
  • Secure data handling and ACH tokenization for recurring payments
  • Ability to forecast cash flow for future months
  • An ACH Integration API that makes automated payment collection and reconciliation simple.
  • Fantastic customer support. The best ACH companies know that payment collection is vitally important to businesses. When your money is one the line you expect prompt, professional support
  • Reasonable fees. You should pay no more than  50 cents per transaction and no percents unless high risk business
  • Automated email receipts that offer customization for each customer as well as providing the ability to promote new products/services

The best ACH processors and ACH Payment Companies are always looking to make product improvements. Account verification is one. You can now ascertain if the check writer has a valid account with money in it before you take payment.We are also read for How to Know When to Expand Your Dental Practice

5 Little Tricks To Achieve The Best Results In Payment Facilitation As A Service Provider Search

5 Little Tricks To Achieve The Best Results In Payment Facilitation As A Service Provider Search
  • The revenue share is fair. Likely you will start anywhere from 35-50%+ rev share. Remember you are leveraging a platform that has tremendous costs. Instant Bank Account Verification Not just the tech stack but compliance and risk mitigation. Expecting the vast majority is not particularly reasonable. Where you land will be a function of potential payments volume
  • You feel confident that Payment Facilitation as a Service is the right fit for your platform. This primarily comes down to the ONE question: Do you have to have instant onboarding of payment clients? Managed Payment Facilitation That is does removing the friction of any delays provide a competitive advantage to boarding that client
  • Your Payment Facilitation partner has a plan to help with user payment usage adoption. This is by far the single most important driver to financial success. Having a solution for payments is irrelevant. If no one uses that solution your work and effort was wasted
  • Support for your end users has been discussed and you are confident that they will receive prompt, courteous service
  • You understand the platforms role and responsibilities around risk and compliance as well as technology We are also read for Factors to Consider Before Renting Halls for an Event

Contact us today and let’s talk about how payments can help grow your business.