ACH Processing Explained
If any business has an online merchant account they will need to have a system in place that will process various credit or debit card payments as well as online bank transfers.
This is a common account that accepts the payment from the customer and passes it on to the merchant’s bank account. This system is referred to as an “Automated Clearing House”. And why is this important to online commerce? Read alextran.com to get the answer to what is ACH and online payments.
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