Money Wiki

What banks or services offer affordable ACH payment options for small businesses?

Payments
Asked by Question Bot09/Jan/20121 answer

1 Answer

F

Faisal Khan

Answered 09/Jan/2012

ACH payments are usually handled for something like (average) 45 cents. Can't get much lower than that. With your monthly volume, even at 10 cents, the difference from 45 cents is $7. There are literally 100s of providers who provide ACH services, some for a basic monthly fees, whilst others will waive this fees, if your volume is high enough (this money is required for the servers / support / staff costs).

Though recommending a company is dependent on how your relationship with them works out, one company that I would suggest you inquire from is ACHq - See http://www.achq.com/ for more information.