Why Sertifi Payment Customers Love ACH
ACH is the perfect complement to credit card payments. Aside from giving your guests greater flexibility and choice in how they pay you, ACH payments are less expensive to process than cards.
Many customers can expect to save $5k on each million processed.
Save thousands in processing fees – even if you're already accepting wires.
ACH payments are just as convenient and secure as card payments but cost significantly less to process. The average card transaction has a 3% fee, while the average ACH transaction has 0.5% fee.
Even if you're already accepting wires, you'll still see significant cost savings. Here's why:
With two easy ways to pay you, you’ll inevitably have guests who opt for ACH over card, especially if you prompt them to. For example, setting ACH as the default payment method in Sertifi and/or requiring ACH for transactions over certain thresholds.
If you’ve already decided to offer guests the convenience of card payments, it’s a no brainer to add ACH as an additional option to help drive down your costs. You’ll also be able to automate manual processes for your team.
✅ Instead of sending wire instructions over email, you can automatically request, apply, and track payments to an event from Sertifi and your integrated PMS or sales and catering solution.
✅ ACH payments are easier to reconcile because the payment will be tied to an event, rather than scouring bank statements trying to find the right wire payment.
✅ ACH payments via online form are easier to submit, whereas wires may require more follow-ups to ensure you get paid on time.
✅ With banking details kept securely on file, you can easily use it for additional deposits and charges.
✅ Refund electronically instead of cutting a paper check.
Ready to reduce processing fees? Let's get in touch.
