ACH Payments Reviews - 0 TrustScore | TrustFinance
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TrustScore

0.00

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Industry

HQ Location

  • • United States
Other offices
• United States
Service Area
United States
Traffic Distribution
Country
Traffic Share
-
-

Traffic and Engagement

6 Months
Total View:
2KViews
Bounce Rate:
89.30 %
Page/View:
0.03Pages
Avg. Time:
2.08min

Marketing Overview

Advantage

It’s no secret that ACH Payments are cheaper to process than credit card transactions. The reason for that can partly be found in the fact that the ACH network is not real-time like the credit card networks, thus don’t have the ability to “reserve” funds for a given transaction. ACH transactions that are originated are subject to NACHA rules which include a time-line for the receiving banks (RDFI) that application’s customers have their bank account with. Returned items can typically filter in anywhere from a day to 4 business days after the transaction was originated. These return notifications can come in one of many forms, i.e., account closed, NSF, etc. That’s not ideal for a website that is shipping a product of any significant value.