ACH Payment Solutions

Accepting ACH payments completes your electronic payment solution.
The ACH, Automated Clearinghouse, program allows merchants to do one-time transactions as well as recurring transactions. Merchant’s can eliminate the hassle of net terms and increase their cash flow. ACH was first introduced in the early 1970's as a more efficient alternative to checks. ACH has evolved into a nationwide mechanism that processes electronically originated credit and debit transfers for institutions nationwide. ACH is a rapidly growing alternative to paper checks and handles billions of payments annually.

How does ACH processing work?

With the ACH solution through AMS you can run automatic withdraws and deposits, turn paper checks into electronic transactions, consolidate corporate funds or accept unscheduled transactions over the phone or Internet.

1. Your customer submits a payment allowing you to access their checking account directly.
2. You enter the transaction information into your POS system / software. At the end of the day, the file is uploaded for processing.
3. The ACH operator submits your ACH file for deductions from your customer’s checking account through the Federal Reserve.
4. Your customer’s accounts are credit or debited.
5. You will receive an ACH payment (similar to credit and debit card payments) electronically into your checking account.

achXPRESS is our new & improved web-based ACH1 processing tool designed for small and medium-sized businesses. It facilitates the electronic transfer of an authorized payment from a consumer's checking or savings account to the business' bank account, and vice versa with the introduction of our new "electronic credit" feature.

The Recurring Debit/Credit Process:

• The customer authorizes you in writing to debit payments from a checking or savings account, and provides you with the void check/bank account information.
• You enter the client information, transaction details, payment frequency and scheduling information in achXPRESS.
• On the pre-determined date, depending on if you chose automatic or manual authorization, achXPRESS will submit your transaction directly for processing through the ACH system.
• On the settlement date, your customer's account is debited (or credited) and your business account is credited (or debited) for the payment.
• The details of the transaction are reflected on your customer's monthly bank statement.