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What Is an ACH Payment Facilitator?

Stax

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA).

ACH
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How Corporate Payments Disruptors Compete, And Coexist, With Banks

PYMNTS

Offering the ability to pay with commercial cards is in our pipeline, but it is worth noting that credit cards will incur charges and these charges are dictated by the card issuer, as well as the card scheme or network,” Wong said. But Wong explained that this, too, can come with some unfriendly costs.