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With ACH debit payments, the recipient is in control, so these payments are pulled, rather than pushed. A customer authorizes these electronic payments by indicating it’s their preferred payment method for recurring bill payments or other essential fundstransfers such as an annual tax payment. Health insurance and premiums.
Most small business owners and employers are turning to ACH payments instead paper check payments because of the ease and instant access the ACH network provides. ACH transactions provide a quick and easy way to pay employees, submit and retrieve tax returns, and automatically control your finances within 1-2 businessdays.
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