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ACH Processing

ACH or Automated Clearing House is one of the largest, safest, and most reliable type of payment collection forms. In fact, in 2019 ACH moved more than 24.7 billion electronic payments. Setting up ACH payments is a simple process that just involves you collecting your client’s banking data – accounting and routing number.

Accepting ACH transactions will help you to reduce the costs of heavy processing fees by as much as 75% compared to credit card fees.  In addition to lower fees, you will find that accepting ACH transactions will help to reduce your time spent chasing down expired or declined credit cards. For those reasons, ACH has about a 10% greater success rate than credit cards. Therefore, by accepting ACH transactions you can maximize your collection rates, reduce processing fees, and help to increase your bottom line for your business.

ACH Payments
ACH Processing

Cut your Processing Fees by as much as 75% with ACH

Many business owners are unaware of the financial advantages of collecting payments via ACH (E-Check) over credit cards. The truth is many payment processors don’t want you to know this fact so they can take more money out of your pocket. When you accept a credit card payment, such as Read more…

By Jon Micklow, 3 months3 months ago
ACH Processing

The 4 Reasons Why Your Business Should Add ACH Processing

At this point almost every business is taking credit cards, but what about ACH? What many business owners fail to recognize is that ACH payments comes at a significant cost savings compared to running credit cards. At Gulf Management Systems, we always strive to have our clients integrate ACH recurring Read more…

By Elizabeth Toon, 11 months11 months ago
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© Copyright 2020 | All Rights Reserved | Gulf Management Systems is a registered agent of Strategic Payment Systems | Strategic Payment Systems is a registered ISO/MSP of Wells Fargo Bank, N.A. Walnut Creek, CA | Strategic Payment Systems is a registered ISO/MSP of First National Bank of Omaha, Omaha, NE | American Express® requires separate approval | Powered by Verritech