According to NACHA – The Electronic Payments Association, billers prefer ACH payments rather than credit card payments. Specifically, they prefer recurring ACH payments. As a business owner, you’ve probably considered ways to set up recurring payments for customers. Here are a few advantages of recurring ACH payments for businesses.
The ability to set up recurring billing allows merchants to simplify the monthly billing process, reducing late payments and providing customers with a convenient billing solution. Through recurring billing, you can automatically debit customer accounts with the acceptance of most major credit cards, debit cards and ACH payments.