Automated Clearing House (ACH) Definition

Automated Clearing House (ACH) Explained:

What is Automated Clearing House? Automated Clearing House, or ACH, is a massive financial network that processes interbank transactions in the U.S. Examples of ACH transfers include employee direct deposit, business-to-business fund transfers, and consumer payments made directly from a bank account. In the merchant services industry, some providers offer ACH as an option for accepting customer payments, usually for recurring billing or internet transactions. Many merchant account providers also collect their monthly processing fees via a direct ACH transfer from a merchant’s bank account. Merchants should be aware that although ACH payments usually come with lower processing costs, they do not include guaranteed funds or real-time authorization, meaning the transaction can be processed regardless of whether the customer has funds available in his or her account.


Use of this video does not constitute an endorsement of any kind by CardPaymentOptions.com.

Thank you for reading my review. I hope that it has helped you with your research.

Why I'm Qualified to Write About Credit Card Processing and Merchant Account Services

I'm a former credit card processing sales director who left the industry because I didn't like how it takes advantage of small business owners. It feeds like a leech on businesses and thrives by imposing fees that are nearly impossible to comprehend. Seeing a need for change, I left and built this website help business owners better understand the industry, research merchant services providers, and get refunds of excessive merchant account fees. My experience of working "behind the curtain" in the industry, and using that knowledge for good, has resulted in millions of dollars returned to hard-working small business owners as well as enterprise-level companies.

From the time that I starting working in the merchant services industry to when I left to create this website, I've been on the pulse of payments for nearly 15 years. It didn't seem fair to keep this "insider" knowledge to myself. To lift the fog, I've reviewed hundreds of companies, read thousands of user reviews, and learned the pricing tricks of every provider. If you have questions about credit card processing, you can find the answers on this website.

How I Can Help You

I specialize in helping businesses get refunds of excessive fees and have recovered $1,567,184 this year alone! Submit a recent statement below to find out if you are getting overcharged. I'll take a look at it for free. If I find fees that can be refunded, hire me on contigency. I only get compensated if I put money back into your pocket.

Submit a Statement

  • Accepted file types: jpg, png, pdf, xls, xlsx.

No Reviews Yet Leave Your Review Below

Leave a Review

Your email address will not be published. Required fields are marked *

Please do not use profanity or ALL CAPITAL LETTERS in your review. Reviews must provide a detailed account of your experience. By submitting a review or comment to CPO, you are agreeing to our Comment Policy.