Denali's Automated Clearinghouse Payment Service allows you to electronically make or collect payments. With ACH services you can establish automated systems to quickly and conveniently credit or debit your business partners and customers.
This is commonly used for online bill payment, collection of accounts receivable and direct deposit of payroll. ACH payments are a cost-effective alternative to paper checks and credit cards.
BENEFITS OF USING ACH PAYMENTS
- Provide your customers with an alternative to checks or credit cards.
- Offer lower-cost payment than checks or credit cards.
- Faster payments than using checks.
- ACH also allows for electronic tax payments (EFTP).