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5 Benefits of ACH Payments Over Check Payments

Stax

Not only does this pass through more hands and take more time than an electronic ACH payment , but there is also a huge amount of personal information present on a paper check, exposing the payer to potential identity theft. Another significant NACHA rule is the requirement for authorization.

ACH
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Rethinking Checks’ Role In B2B Payments Friction

PYMNTS

But with an intermediary FinTech facilitating these transactions, Chanda said his customers are less inclined to delay vendor payments, while the transaction itself is less likely to include errors because the payer has handed off the payment process to a specialist.