We are excited to announce that in the coming weeks our PayConnect Merchant Services will be partnering with ACH, allowing your practice to accept electronic checks. This service has lower rates than credit card processing and will add yet another way patients can pay for your services.
What Does ACH Mean?
ACH stands for Automated Clearing House, a U.S. financial network used for electronic payments and money transfers. Also known as Direct Payments, ACH payments are a way to transfer money from one bank account to another without the need of a physical check.
The Benefits of ACH:
-Accepts electronic checks from patients right at the point of sale
-No physical check or devices required, and no trip to the bank
-Lower transaction costs than traditional credit cards
-Offer patients multiple methods to pay for services
-Set up recurring billing payments using ACH
To learn more about PayConnect Merchant Services, please call us at 800.576.6412 ext. 455 or click here.