Is ACH Credit or ACH Debit Right for Your Business? ACH debits and credits are a convenient way of sending and receiving payments. They often provide advantages over other payment systems
Setting up an ACH requires a savings or checking account, routing number, and bank account number. An ACH direct deposit can not happen until this data is shared with the payer. The account information of the payee is always required to set up a direct deposit. Otherwise, how will a business know where to pay you?
Get a better understanding of how all three payment solutions operate and you’ll be better equipped to make the right choice. Understand there are options beyond Stripe, PayPal, and Square but we reviewed these for a reason. They all serve very different functions but are top of the market. Selecting the right software will see you to success!