ACH
ACH (Automated Clearing House) is an electronic bank-to-bank payment method. In Peasy, ACH is the primary method for both receiving customer payments and sending vendor payments through the built-in payment system.
How It Works in Peasy
- ACH payments are processed through Peasy's payment provider (Moov)
- Customers can pay invoices via ACH by entering their bank details on the payment page
- You can send vendor bill payments via ACH from a connected bank account
- ACH transfers typically take 1-3 business days to settle
- ACH has lower fees than card payments, making it ideal for B2B transactions
Why It Matters
ACH is the most cost-effective way to move money between businesses. For wholesale and B2B businesses where transaction amounts are large, ACH fees are significantly lower than credit card processing fees — saving real money on every payment.