With PayWhirl, you can not only take credit cards, but we also support ACH banking transfers. These being far more secure have much lower rates than a typical credit card. At the writing of this article, the rates with Stripe are as low as 0.80% for ACH transfers. Combined with our lowest rates of 0.5% on our Ultimate Plan that can be less than 1.4% in total transaction fees!!
Note: These payments do require the user to confirm a micro deposit so they are ideal for larger transactions such as rental payments.
By default, the setting is disabled in the gateway. To enable ACH click on Payment Gateways and edit the Gateway you want to use for ACH. (See this guide for Authorize.net)
Now change select the payment method you want to accept in the drop-down menu:
If you have both cards and ACH, customers will have the option to choose at the time of payment.
The ACH form defaults to :
- What payment processing gateways can I use with PayWhirl?
- How to connect to the Stripe gateway
- How do failed payments work?
- Need help customizing PayWhirl?
Please let us know if you have any questions.
The PayWhirl Team