If a transaction is declined, you may not know about it for several days, and that can have a negative impact on your cash flow. Of course, the biggest drawbacks of ACH are the lengthy processing time and the lack of a guaranteed payment. The more payment options you offer, the more customers you can serve. Typically, ACH payments will have a fee of about $0.30, whereas credit card payments usually have fees of 2.5%.ĪCH also allows merchants to give customers more payment options. In fact, they have the lowest fees of all payment options. If ACH transactions take longer to settle and can ultimately be rejected, why do merchants even accept them? Despite these major drawbacks, there are some advantages to ACH transactions.ĪCH transactions have lower fees. Merchants often don’t know about the rejection until several days later. It’s not uncommon for an ACH transaction to take several days to settle, and the transaction may ultimately be rejected.ĪCH transactions can be rejected because of: ACH transactions are more of a request for funds.ĪCH transactions are typically batched and processed once per day.
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