What are the benefits of ACH/EFT Payments for consumers?
ACH/EFT Payment simplifies your life and takes the hassle out of paying your bills. Most people spend the equivalent of three days a year paying bills. ACH/EFT Payment saves you that time. ACH/EFT Payment also saves consumers an average of $85 a year in postage and up to $30 a year in check costs (According to the NACHA estimate of 20 monthly bills per family). In addition, many companies now are encouraging their customers to use ACH/EFT Payment by providing financial incentives such as lower interest rates on loans and vouchers for free service.
