Automated Clearing House is one of the most widely-used methods of payment online, which already tells you a lot about the trust people have for this payment system. There are even a lot of different platforms, like MyPaymentSavvy, for example, that design custom ACH payment solutions for companies. However, popularity does not equal security, so let’s find out whether ACH payment is a safe payment method.

First, you should know that ACH is a payment option that has already been 40 years on the market and is developing ever since the launch back in the late 1970s. Today, billions of dollars are being transferred with an ACH, and here are some security facts that support the development and size of this payment method. They are:

● ACH is more reliable than paper checks.

● It has been proven that the ability to pay using ACH drives more sales to your company.

● ACH is less expensive than credit card transactions.

● This method requires fewer resources than others.

● ACH is helpful when it comes to the financial management of the company.

ACH is a solution that has more benefits than disadvantages, and it is considered a safer method of payment than competing methods. No payment method is 100% secure, but ACH is on the top of the list.

If you decide to use ACH payments, you might want a merchant account to go with it. Look below for all the information you need to set up one.