ACH Integration Solutions allow developers and SaaS platforms to automate payment collection, disbursement and reconciliation. The ACH Payment Processing option allows for the utilization of an ACH API [Application Programming Interface], and the debiting/crediting of checking/savings accounts via the ACH network.
Paper checks are susceptible to fraudulence, and are too burdensome and expensive to handle for organizations and/or applications looking to accept payments from bank accounts. For applications providing payouts to businesses/affiliates, ACH Integration Solutions are a far more prudent option for handling ACH credits. ACH Integration Solutions provide more feasible methods for streamlining cash flow, and a dependable, affordable payment vehicle with API functionality adds value for your user base. This ultimately leads to more satisfied clients.
Consider the business above billing 500 clients. 75 or so decline resulting in revenue shortage of $7500/month or $90k per year. Sure effort [read $ costs] will be made to re bill but you can count on 2 things: 1-You are going to lose revenue and 2-You are going to lose customers you just could not collect from.
Contrast this with the ACH Payment Gateway world. How many times in the past five years have you changed bank account? And how many new credit cards? You can see why decline rates are much lower, typically averaging around 2%. 15% versus 2%—BIG reason why a low cost ACH Payment Processing option is MUST HAVE for recurring billers.
An ACH SMS Payment Gateway enhances what is a batch network and makes it more attractive to businesses and organizations that have ACH processing needs. If you require assistance in determining your best options for an ACH Payment Gateway, allow us to be of assistance. We at ACH Payments have been providing ACH solutions to businesses of all sizes for over 19 years.
And then there’s the security benefit from ACH IVR Payments. When you eliminate human customer service agents from the equation of taking payment information, you eliminate a potential source of fraudulent use of sensitive data. Let’s face it; it only takes one disgruntled employee. Moreover, customers are simply more comfortable remitting their credit card or checking account information to an IVR system then someone at a call center. ACH Payments has been supplying payment technologies for over 20 years. If you’re considering IVR ACH Payment Gateway for your organization, contact us to learn what we can do for you.
ACH Payment Processing An SMS payment solution can remind a customer that their payable is due or late, which in some cases can prevent interruption of services or products needed. Most customers don’t like being late with payables, but not matter the case, with an SMS payment solution your customers not only receive timely reminders, but also two convenient ways to remit their payments.