What is ACH processing?

24 Jun 2022 By PAYCEC

ACH payment processing is an electronic network for bank transfer between the payer’s and the payee’s bank accounts through the Automated Clearing House network of U.S. financial institutions, regulated by NACHA (National Automated Clearing House Association), which manages the administration, development, and governance of the ACH payment network.

ACH payment processing processes large volumes of credit and debit transactions in batches. ACH payment processing is used for recurring payments and one-time payments instead of paper check, wire transfer, credit/debit card payment methods.

There are many uses for ACH payment processing. Some prime ACH payment processing examples include:

  • Businesses paying suppliers for products/services.
  • Recurring bill payments, like utility bills or rent.
  • Customer invoice payments.
  • Consumers moving funds from one bank to another.
  • Employers sending direct deposits to employees’ bank accounts.
  • Tax refunds and other government payments.
  • Online shopping.

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We are honored to serve as your reliable business partner and financial service provider in the industry and other business-related services. With the help of our professional staff, to help merchants to achieve their goals for the development and expansion of the international business market.

Our payment flow has developed in the e-commerce world to perform seamlessly and effectively across all platforms and devices. We take pleasure in combining technology with customer service, to solve your concerns at the moment.

PayCEC is a fully worldwide payment network that not only allows merchants to be paid immediately and securely, but also allows them to withdraw money in multiple currencies to their company accounts.

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