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Offering ACH as a payment option is a fantastic way to cut down on transaction fee costs for your business. If you select to accept ACH payments, you can take advantage of 1% transaction fees, up to $9.00 with a $1.00 minimum. ACH also includes an optional Plaid account validation.
What is ACH?
ACH, or Automated Clearing House, is an electronic funds transfer, also known as direct pay or electronic check. It will allow your clients to pay you directly from their bank account, instead of using a credit card.
How does that look for your customers?
When your clients select to pay from an invoice or payment link they will be directed to a ThryvPay screen that will allow them to select to pay by ACH or credit card.
Credit Card Option (with convenience fee):
How do I add ACH as a payment option?
Navigate to ThryvPay Settings by selecting Settings > Payments
- Select Click here to update your payment settings
- Scroll down to Payment Options.
- Select Yes, I want to accept ACH Payments.
*ACH payments are currently only offered by the ThryvPay payment gateway.