Learn How ACH Payments Work: Why They're Popular

Posted by ACH Payments on February 23rd, 2021

ACH Integration Solutions allow developers and SaaS platforms to automate payment collection, disbursement and reconciliation. The  ACH Payment Processing option allows for the utilization of an ACH API [Application Programming Interface], and the debiting/crediting of checking/savings accounts via the ACH network.

Paper checks are susceptible to fraudulence, and are too burdensome and expensive to handle for organizations and/or applications looking to accept payments from bank accounts. For applications providing payouts to businesses/affiliates, ACH Integration Solutions are a far more prudent option for handling ACH credits. ACH Integration Solutions provide more feasible methods for streamlining cash flow, and a dependable, affordable payment vehicle with API functionality adds value for your user base. This ultimately leads to more satisfied clients.

While traditional credit card transactions can be disputed and charged-back for multiple reasons, ACH transactions are far less likely to be disputed. There are three main reasons that ACH transactions are disputed: The transaction was simply not authorized to be debited. The date that it was processed in incorrect. The amount was incorrect. Check This Site…  

A formal affidavit must be completed at the bank where the ACH debit was drawn upon in each of these cases. We are also read for How Will SMS Payments For Charity: A Necessity In 2020 Be In The Future