Payment MethodsAlso: eCheck

ACH

Electronic bank-to-bank transfers processed through the Automated Clearing House network. ACH and eChecks offer a lower-cost alternative to cards for recurring or high-ticket payments, with different timing and risk characteristics.

ACH can reduce costs and diversify how you get paid, but it settles on a different schedule than cards and has its own return codes to manage.

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Related terms

Payments & Settlement

Settlement

The process of moving funds from captured transactions through the networks to the merchant's account, usually in daily batches. Settlement is when a sale actually becomes money you can spend, minus fees and any reserve.

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Payment Methods

Recurring Billing

Automatically charging a customer's stored payment method on a schedule for subscriptions or installments. Getting recurring billing right — consent, dunning, clear descriptors — protects revenue and keeps subscription disputes low.

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Payment Methods

Card-Not-Present

A transaction where the card is not physically presented — online, over the phone, or in-app. CNP sales carry higher fraud and chargeback risk than in-person sales, which is why they rely on fraud tools like CVV, AVS, and 3-D Secure.

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