What is ACH Processing?

The Automated Clearing House (ACH) is an electronic network for financial transactions in the United States that processes large volumes of credit and debit transactions in batches. ACH payment is a tool that electronically debits a customer’s bank account instead of using paper checks.

ACH processing services complement traditional payment card processing services and can help generate an increase in sales revenue for businesses. We provide both traditional and internet-based businesses the opportunity to offer their customers an additional payment option, which could mean the difference between making and losing a sale.

How ACH Payment Work

Think of an ACH transaction as an electronic payment directly from one bank account (the customer’s) to another (yours). Initiating the process is easy once you set up the proper merchant account with Valmar.

When you settle the batch at the end of your business day, simply submit an ACH file containing all the bank routing and account numbers to be debited, along with the corresponding transaction amounts. These transactions can be quickly and securely processed online using Valmar’s electronic payment gateway.

Once the transaction is authorized, the system debits the customer’s account and transfers the funds to your merchant account within seven days.

While ACH payments, like paper checks, take time to clear and may bounce, they can be a useful alternative for merchants who want to offer a comprehensive selection of payment options to their customers.

ACH is an affordable and safe way to debit accounts.

The ACH Option

Adding ACH payments to your business benefits the customer by opening up your payment acceptance options beyond credit and debit cards. ACH payments offer your non-payment-card customers a hassle-free alternative that allows them to pay for their purchases directly out of their checking or savings accounts.