Check processing

Accepting ACH payments is Essential for All Online Businesses
Automatic Clearing House (ACH) processing is a secure electronic payment transfer system connecting major US financial institutions and banks. It is the most secure and fastest payment processing service available today and BFR offers this as standard. ACH payment processing software can be customized to suit your company’s needs.

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 You can benefit from ACH processing in a number of ways:

  • Paperless check processing – payments are automatically credited so there is no need for paper handling or trips to the bank to deposit checks.
  • Low cost and implementation – because an internet merchant account is not required for paperless check processing, lower transaction and processing fees are incurred.
  • Debits, credits and recurring payments – funds can be deposited or withdrawn directly as required and automatic credit or debit payments can be set up at intervals specified by you.
  • Reduction in credit card processing fees – ACH transaction fees are lower than credit card transaction fees.
  • Fewer errors – once the ACH system is properly set up, you will have no more checks lost in the mail and no more incorrectly completed checks.