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ACH (Automated Clearing House) is an online payment/remittance system best used for business to customer, person to person, and business to business transactions. If you are the customer, the site you plan to pay will charge your savings or checking accounts, depending on the account you enroll with ACH.
You can pay your bills, loans, mortgage, deposit to gaming website, or even payroll deposits. The great part about using this online payment scheme is the paperless and absence of credit card to do any business online.
Some of the benefits of ACH are the faster transaction closures, and lower cost in paying than if you used credit cards or checking accounts.
To make this work for you, you must first enroll your bank account with the website. Make sure to read the guideline properly. There are some requirements for bank authorization that must be signed.
ACH works with Paypal to remit and accept payments, so it is guaranteed to be a safe and secure transaction. Any dispute regarding the transaction is easily settled because there is a system. Even the schedule of when payment actually reaches the end of the line is properly organized. This means there are no surprises, no reason to doubt the ACH payment method at all. You just need to realize that ACH operates like a bank, this it follows the usual banking hours and days.
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