Slash your expenses with ACH payment processing savings
Cost Benefits of ACH Payment Processing
One of the primary benefits of ACH payment processing is its lower transaction fees compared to credit card payments. While credit card transactions can cost businesses anywhere from 1.5% to 3.5% per transaction, ACH fees are usually a flat rate or a small percentage, often ranging from $0.20 to $1.50 per transaction1. This can translate to significant savings, particularly for businesses with high transaction volumes.
Moreover, ACH payments can reduce the risk of chargebacks, which are common in credit card processing. Chargebacks not only cost money but also time and resources to resolve. By minimizing these occurrences, businesses can further streamline their financial operations and reduce overhead costs.