Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is an “ACH” payment?

ACH payment
0
Posted

What is an “ACH” payment?

0 CommentsAdd a Comment

2 Answers

0

An ACH (Automated Clearing House) payment is a payment that is made electronically. Instead of a conventional paper check being cut and sent, ACH payments are made in an electronic file format, in bulk. Common payments that are converted to ACH include credit card and utility companies.

0 CommentsAdd a Comment
0

ACH stands for “Automated Clearing House” and refers to an electronic debit from a checking or savings account, commonly known as a direct debit.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.