Which is where ACH bank transfers come into play.ĪCH–or Automated Clearing House–bank transfers are a type of electronic bank-to-bank payment that gives businesses a speedy and cheap way to send money between accounts outside of payment systems like credit cards or wire transfers. Smart business owners seek payment methods that provide fast, convenient, cost-effective means of getting payment into their accounts. Though this seems obvious, choosing the correct payment method for a business can be an enormous benefit to the efficiency and budget of a growing company.
Making payments is a crucial part of running any business.
