ACH payment

ACH stands for Automated Clearing House, the US network that moves money between bank accounts in batches. An ACH debit pulls money from a customer's account with their authorization. An ACH credit pushes money into an account, as with payroll or direct deposit. How it differs from cards: ACH is usually cheaper for the merchant but slower. Standard transfers typically settle in one to a few business days, and a payment can be returned later, for example for insufficient funds or a closed account. That makes ACH popular for larger recurring bills, like memberships, B2B invoices or rent.