Debits & Credits

Using ACH for Debits and Credits is the electronic transfer of money from one bank account to another utilizing the Automated Clearing House (ACH) network. The ACH network is a government regulated nation-wide electronic funds transfer (EFT) system that connects all major U.S. financial institutions and is governed by NACHA - The Electronic Payments Association. ACH payments, previously only available to the larger enterprise, are now available to anyone looking for options and wanting to save money. The considerable growth in volume and popularity of ACH as a payment method attests to the value ACH provides as a lower cost alternative to credit cards, debit cards, and paper checks.

ACH Payments can be initiated as:

• Debits - a withdrawal from another’s account for payment
  to be collected.
• Credits - the deposit of funds into another’s account for
  payment to be provided.
• Recurring Payments - setup auto-recurring debit or credit
  payment by time increments of your choosing.

Both debit and credit payment methods require that the originating and the receiving parties agree to the transaction amount and an associated authorization must be acquired. ACH payments are convenient, safe, and secure.

We at Absolutely Dynamic, Inc. can be your conduit to the greater flexibility, maximized convenience, and the increased revenue that ACH debit and credit payments can offer your business.

Features and Benefits:

• Automatically deduct money from your customers' accounts.
• Automatically deposit money into your vendors' accounts.
• Setup Auto-Recurring Payments – daily, weekly, biweekly, monthly, quarterly, annually or semiannually.
• Use our Customer Database to save customer profiles and group them for greater manageability.
• Accept payments over the phone or online.

Reasons for utilizing ACH payments:

• Save time and less hassle – no more buying, printing, mailing, or depositing paper checks.
• Maximize your effort – setup payments using auto-recurring billing. Enter info once and sit back.
• Offer payment options – customers don’t have to use a credit card and have another method of choice.
• Increase customer satisfaction and loyalty – people like more options and greater convenience.
• Improve cash flow – no more trips to the bank, the electronic method is fast, easy, and just plain better.