Setting up your business to accept electronic checks (e-checks) and process ACH payments is a good strategic payment policy for small and mid-sized businesses.
Substantial savings over credit card fees
Steering your customers to ACH payments can lower your overall payment processing costs.
- Accept checks over the web; checks by phone; or email invoices with e-check payment option
- Schedule one-time or recurring debits from your customer’s business checking account
Recovery management solutions
Our ACH processing includes built in electronic recovery and collection services.
- NSF items resubmitted automatically
- Free recovery on all returned items
eCheck / ACH payments may be accepted using our Virtual Terminal, Secure Checkout, Invoicing or API solutions
By incorporating e-check / ACH payment options in the same solution as your credit card processing, you'll gain work flow efficiencies, better record keeping and reporting.
- Online reporting will display ACH settlement and reject reports
- No additional equipment or software to purchase, learn or manage
Use your own bank to process your ACH file
If you prefer, you may also generate your own ACH (NACHA files) that you can forward to your bank for processing. All you need to set this up is your Originating bank’s routing and account number.
- Format ACH files to send or receive funds
- Follow your banks instructions to securely submit the ACH file to your bank
- You will need to manually manage NSF response from your financial institution
VantageB2B offers cost effective ACH payment alternatives to credit and debit cards. All VantageB2B payment solutions are provided on a month-to-month arrangement. Contact us for more information, service pricing and to get started.