Digital in nature, ACH payments also cut down on human errors and the time you might spend fixing them. With no more trips to the bank, you can spend more time on other areas of your business, and less time processing payments. They also eliminate the need to accept physical checks, which saves you time. Simple for both businesses and their customersĪCH payments are easy to set up for both businesses and consumers, making it a go-to payment option. ACH payments also help save businesses time by eliminating trips to the bank, printing of invoices and get declined less often than credit cards and debit cards that expire.

Which means for large ticket invoices, businesses can experience significant cost savings that will help with operational costs. ACH payments cost less than traditional debit and credit card transactions. There are many benefits to accepting ACH payments through Square Invoices, from saving money to ease of use.

“Adding more options for payments enables merchants to never miss a sale and keep their customers happy-which keeps businesses happy.” “Adding ACH payments provides our customers another way to get paid that’s simple and secure, at a lower rate compared to traditional card payments,” said Saumil Mehta, General Manager of Square Point of Sale at Square. Now you can send a digital invoice and get paid directly through a bank transfer, eliminating the need for paper checks and simplifying the payment process on both sides. Square is adding ACH (bank transfer) payments to their long list of ways you can get paid by your customers.

Square invoices paid by check