[yfunds]

Best ACH processors these days? GoAch, who else?

[Olderguy]

Check with your bank....mine does it with no fee but just a monthy $45. Just needed 2 years TIB.

[Yankeeman07]

Best ACH processors these days? GoAch, who else?

What are you seeking - debit-credit ? PSF's?

[MovingMoney]

Go Ach does the job well.

[simonwein12]

Usio!!!!!!!!!!

[MovingMoney]

i also use Pay Pal Business,
once the setup is cleared by PayPal it works phenomenal, right away. i truly like that as well.

[treymarkel]

ACH Works, Actum Processing, ACH Processing Company, EFT Canada for those of you in Canada.

Here is the problem I have noticed over many years in banking when it comes to processing with your bank.

Your bank will tell you they will give you next day funding and cheaper processing rates, which they will. The question is why? Well its because they have direct access to your operating funds. ACH processing is all about risk. The bank has much lower risk if they have access to all your operating funds so in the instance where a merchant or someone goes rogue on you, they freeze your bank accounts and shut off your processing capabilities. At this point you can't access your funds nor can you process payments. I have clients tell me, "Well....I have a good relationship with my bank and its never been a problem". I simply reply by saying, "Its not a problem until its a problem, and then you have a problem."

The nice part about third party ACH processors is that they don't have access to your bank account or operating funds. They can't freeze anything other than your ability to process payments through them. This is why they have a 3 to 5 day float to make sure the merchant is OK with funds that were just pulled from their bank. If you put up a big reserve, you get next day funding. When processing with a bank, your operating account acts as a reserve which is why they can freeze it if they want.

Anyway, working with multiple third party processors at the end of the day is still the most successful model I have seen that gets the job done, and protects your funds.

My thoughts.

Trey Markel
VP Sales & Marketing
(888) 622-5810
www.CentrexSoftware.com

[Yankeeman07]

i also use Pay Pal Business,
once the setup is cleared by PayPal it works phenomenal, right away. i truly like that as well.

When did PayPal start offering ACH? What are the fees?

[zalman]

If you're a new company and are more in the higher risk side of the MCA space, GoACH may be the only company that will work with you without a reserve (98% of the time)