ACH Merchant Account

There is much talk about how internet entrepreneurs must be willing and able to accept credit card payments to stay alive, and the chatter is true.

However, many businesses are overlooking a very powerful payment platform in the ACH merchant account arena. This is a separate program from credit card processing and it allows you to take "checks" electronically. There are still those who prefer to go old school and write a check on their account for all purchases. Instead of waiting forever for checks to reach you and then clear the bank you might want to consider the ACH merchant account.

Options

While credit card processing is the number one priority for most businesses, with an ACH merchant account, you can give your customers more options. There are times when the credit card is maxed or an individual simply does not have a line of credit, with ACH they can simply put in their checking or saving account information and the funds will be automatically debited out of their account.

Cost

Processing payments can be expensive, especially when you are talking about credit cards. Some systems will charge you up to $2.75 for a $100 transaction, with an ACH merchant account this same purchase will only cost you about 35 cents. When you are conducting business, the bottom line is something you must keep a very close eye on and trimming costs for purchases is a good way to do just that.

With ACH merchant services, you will have many more options for taking payments, recurring billing and even making payouts to your affiliates. Not only will you have more options but they will also cost you a lot less money! The benefits of this type of a merchant account are endless.