Pros and Cons of Payment Processing With ACH PaymentsĪn ACH transaction is when an electronic payment is sent through the ACH Network and deposited or withdrawn from a bank account. And security differences between the two transaction types.Differences in policy disputes between the two payment methods.The pros and cons of taking payment by credit card.The pros and cons of taking ACH payments.To give you a better understanding of your payment option for online payments, this article will go over:
However, with the Automated Clearing House (ACH) transaction method, you have options.
Most of the time it is a convenient payment method. Paying by credit card is a common way to send money to someone else electronically. But when the majority of your payments are sent electronically, you want to be sure that your banking information is secure and that you are not spending too much on additional banking fees. Sending payments online makes paying bills, shopping online, and buying necessary goods faster and easier.