ACH Payments Announces Launch Of Newly Designed Website
Jan 15, 2019
ACH Payments announces their newly redesigned website at https://www.ACH-Payments.com The new site has been created to better serve SAAS Platforms and Businesses with recurring payment collection and reconciliation needs.
Saratoga Springs, United States - January 14, 2019 /PressCable/ —
ACH Payments announces their newly redesigned website at https://www.ACH-Payments.com
The new site has been created to better serve SAAS Platforms and Businesses that have recurring ACH payment collection and reconciliation needs.
ACH Payments President, Wayne Akey noted “We were looking to create a better user experience for developers and platforms looking to gather information on ACH Processing and how they can leverage ACH Payments to both acquire new customers and create new revenue streams.”
Newly released ACH API’s allow for multiple methods for both setting up and managing recurring ACH payments. For businesses with recurring payment needs ACH processing offers distinct advantages versus traditional credit card processing.
The first is cost savings to process transactions. Whereas recurring credit payments may average 2.5% of the transaction amount or more, an ACH transaction may have a cost basis of a flat 30 cents. On an average $100 transaction the ACH option offers close to 90% payment savings.
The second compelling reason ACH Processing is a must have relates to the issue of credit card declines. It is not uncommon to see recurring payment decline rates in excess of 10% and with some businesses 20%+ decline rates are common. When you consider data breaches, EMV implementation, reissued, lost and stolen cards it is not hard to see why these decline rates continue to rise.
These payment declines lead to cash flow problems and an increase in workload. Reaching out to customer’s to update credit card data can be time consuming and can often lead to lost customers.
Contrast credit card decline rates with ACH declines. For recurring payments it is common to see decline rates sub 2%.
It is clear ACH Processing offers recurring billers an alternative to credit card processing that offers cost savings and more reliable cash flow.
In addition real-time reconciliation enabling users to quickly act on payment exceptions. For many businesses dealing with payment exceptions can be very labor intensive and they are often notified days or a week plus about exceptions.
“We believe every platform that has any kind of recurring billing solution needs to consider an ACH option. Both their platform and end users benefit” said Akey.
For more information visit ACH-Payments.com or email [email protected]
Contact Info:
Name: Wayne Akey
Email: Send Email
Organization: ACH Payments
Address: 15 Ingersoll Road, Saratoga Springs, NY 12866, United States
Website: https://www.ACH-Payments.com
Source: PressCable
Release ID: 470152
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