ACH stands for Automated Clearing House, which is a payment processing network used to send money electronically between banks and other financial institutions, in the United States.
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ACH facilitates various types of financial transactions, including direct deposits, electronic bill payments, and business-to-business payments. ACH debit provides a convenient, and inexpensive way for one party to collect funds from another electronically. On average, an ACH payment can be processed, and reconciled within 3-5 business days.
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TreezPay offers cashless payment solutions, including ACH, to provide reliable payment options for businesses.