What Is the Difference Between an ACH Invoice and a Card Invoice?
ACH vs Card Invoices:
- A card invoice is an invoice where a client pays with a debit or credit card.
- An ACH invoice is where a client will use their bank account to directly transfer funds from.
- ACH stands for Automated Clearing House and is also known as an electronic check.
- ACH payments allow for your client to process a payment directly from their bank account to your merchant account.
Payments can take 2-3 business days to settle to your merchant account, but funds may be available as soon as 24 hours. It can take 2-3 business days to deposit funds from your merchant account to your bank account.