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ACH Origination Efficient, Convenient, and Secure - Get Access to ACH Services - and Save! Whether you have a few employees/customers or hundreds, your business can benefit from MetaBank's Automated Clearing House (ACH) services. You will: Eliminate costs associated with paper-based transactions,
Obtain receivables more quickly,
Gain greater control of your cash transactions,
Enjoy safe and secure transactions, and
Receive a complete record of transactions for a precise audit trail.
Types of ACH Transactions
ACH transactions include: Direct deposits to and payments from individuals' accounts.
Funds transfers between your corporate accounts.
Payments to trading partners, for state taxes and child support, and more.
Corporate trade payments for Electronic Data Interchange (EDI) in order to make payments and send invoices, purchase orders, and more through ACH Exchange.
Plus you can run a variety of reports, including batch and detail summary, batch release schedule, system activity log, import file and batches sent. Benefits of ACH Origination Save time and money. ACH can save you as much as 62 cents per payment because there are no paper checks to process, reconcile, and mail. Other benefits to your company include: Improved forecasting and cash flow
Predictable collection dates and amounts
No more payment day confusion
Significant cost reductions -- less postage, bill preparation, mailing and processing
Reduced delinquencies, second notices and subsequent reminders
Elimination of "collection float"
Customers appreciate the convenience and security. As you know, people lead busier lives and have less free time than ever. That's why people appreciate services that save them time. ACH offers many benefits to customers and employees, including: Saves money -- fewer checks to purchase, write, reconcile and mail
Stops worries about late payments and fees
Provides compounded savings for those organizations paying multiple invoices
Establishes a positive float
Assures reliable, prompt payment discounts
Eliminates need to mail checks before due date
Eliminates delayed shipments while waiting for the check to arrive
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