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ACH Processing Overview


ACH stands for Automated Clearing House and is an electronic payment network used by individuals, businesses, financial institutions and government agencies.

ACH Processing allows funds to be debited/credited to a company’s or individual’s bank account electronically. It simplifies the billing process for one-time payments or recurring billing.

PDF document Download NMC ACH Processing Presentation (8pages) Here...


PDF document Download NMC ACH Processing Flyer (1page) Here...


Target Markets

ACH Processing is an excellent payment solution for businesses that provide ongoing service, have monthly/annual memberships or are e-commerce based, such as…
Medical Offices
Law Offices
Direct Sales / Network Marketing
Insurance Companies
Utility Companies
Contractors / Landscaping
Limousine / Logistic Services
Schools / Day Care Centers
Art Galleries
Gyms / Sport Facilities
Home Security Companies

 

How Does ACH Works?

The ACH network electronically moves money from one individual to another. The process is governed by NACHA, The National Automated Clearing House Association (www.nacha.org), which provides operating rules and business processes.




 

Merchant ACH Benefits

Accept payments via phone or Internet directly from your customers bank account

Provide better customer service by offering an additional method to collect

Save time invoicing and collecting payments

Increase customer loyalty

Obtain automatic payment receipts for any ACH transaction

Eliminate duplicate data entry and additional trips to the bank
 



How To Use ACH?

Already located on the NMC Virtual Terminal (VT), ACH Processing is easy to setup for your merchants and allows them to process ACH payments along with credit cards, checks, gift and loyalty cards. Utilize a 24/7 comprehensive online reporting system for both agents and merchants.

The screenshot below shows ACH Processing Console inside NMC Virtual Terminal.


End Customer Benefits

Eliminate need to use checks and pay for postage

Enable automated recurring billing from a bank account

ACH is an easy payment solution for customers who don’t have a credit card

Bills can be paid over the phone or online


Agent Benefits

  Provide your merchants that use check processing or recurring billing with a comprehensive payment solution

Create a new revenue stream with no maintenance

Offer your merchants an easy to use NMC Virtual Terminal (VT) created to simplify ACH payments

Already located on the Virtual Terminal, ACH Processing is easy to setup for your merchants and allows them to process ACH payments along with credit cards, checks, gift and loyalty cards

Utilize a 24/7 comprehensive reporting system for both agents and merchants

NMC Agent and Merchant Support Teams are standing by to assist
 



ACH Processing is an easy, profitable and beneficial product that will give your business an advantage in the business world.

To sign up, or for more information about our ACH Processing product, please contact National Merchant Center or your NMC Agent today and start saving time and money tomorrow!

 

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