ACH Integration Solutions

ACH Integration Solutions allow developers and SaaS platforms to automate payment collection, disbursement and reconciliation. The ACH option allows for the utilization of an ACH API [Application Programming Interface], and the debiting/crediting of checking/savings accounts via the ACH network.

Paper checks are susceptible to fraudulence, and are too burdensome and expensive to handle for organizations and/or applications looking to accept payments from bank accounts. For applications providing payouts to businesses/affiliates, ACH Integration Solutions are a far more prudent option for handling ACH credits. ACH Integration Solutions provide more feasible methods for streamlining cash flow, and a dependable, affordable payment vehicle with API functionality adds value for your user base. This ultimately leads to more satisfied clients.

While traditional credit card transactions can be disputed and charged-back for multiple reasons,  ACH transactions are far less likely to be disputed. There are three main reasons that ACH transactions are disputed:

  • The transaction was simply not authorized to be debited
  • The amount was incorrect
  • The date that it was processed in incorrect.

A formal affidavit must be completed at the bank where the ACH debit was drawn upon in each of these cases.

The benefits of setting up a user for ACH Integration with recurring payments (without the concern of declines) will quickly become apparent to recurring payment based applications utilizing an ACH Integration Solution. The only reason to interject into a user’s account is typically a return notification (usually a result of non-sufficient funds).

Rejected ACH transactions have two re-presentment originations available to try to capture what was the NSF funds, and favorable re-presentments will vary by business type. The parameters available should be immediate, delayed by a specified number of days, on a logical date such as a pay date (e.g. the 1st or 15th of the month), or on a specific day of the week.

SaaS organization can programmatically manage any NSF returns by leveraging retry field parameters via the ACH integration API. If a SaaS organization wishes to assess and capture NSF returns, the origination of a separate NSF fee transaction can be automated.

About Wayne Akey

Providing ACH and credit card payment solutions guaranteed to save businesses time and money. You can find Wayne on Google +. A specialist in ACH Integration for software/ASP providers looking to emdbed payment processing capabilities. Read about Integration. View my LinkedIn profile here