ACH Payments for B2B

ACH transactions typically feature lower processing fees and higher retention rates for recurring billing due to fewer expiration issues compared to credit cards. While credit cards offer instant authorization, they often come with higher transaction costs and can lead to involuntary churn from expired cards. ACH payments are not subject to card expiration or fraud holds, improving cash flow predictability. 

ACH payment processing for debits typically takes 1 to 2 business days for initiation, with settlement times usually ranging from 2 to 3 business days for funds to become available in the recipient’s account. While not instantaneous, the predictability and lower cost of ACH often outweigh the speed differences for recurring transactions. Modern billing platforms like Ordway streamline the entire cycle, ensuring efficient processing and clear visibility into settlement status.