What are ACH (Automated Clearing House) payments? | Rotessa Payments

An ACH is an electronic payment method that allows your businesses to withdraw money directly from your customer’s bank account.

The term ACH refers to the Automated Clearing house, and is an electronic network that connects all banks and financial institutions across the U.S. An ACH requires an agreement between your business and your customers. In the agreement, the customer gives permission for you to withdraw money from their account based on the terms outlined. This can work for recurring payments on a set schedule, or variable amounts too.