DocketPay now supports ACH payments, a low-cost, secure, and efficient way for customers to pay invoices electronically.
This guide covers:
✔ What ACH is
✔ Costs & benefits
✔ How to set up ACH payments
✔ How to accept ACH payments from customers
What is ACH?
ACH (Automated Clearing House) is a network that enables electronic fund transfers between banks.
How ACH Works
- Customers enter their bank account and routing number to pay an invoice.
- You receive immediate confirmation of the payment.
- Funds are deposited into your bank account within 3-5 business days.
✅ Why Use ACH?
- Eliminates the hassle of collecting paper checks.
- Lower fees compared to credit card payments.
- Helps improve cash flow with direct electronic payments.
ACH Payment Costs vs. Credit Cards
ACH is significantly cheaper than credit card processing.
| Transaction Amount | Credit Card Fee (3%) | ACH Fee (1%) | Savings |
|---|---|---|---|
| $1,000 | $30 | $10 | $20 |
| $15,000 | $450 | $150 | $300 |
📌 Bottom Line: ACH helps you keep more of your money by reducing processing fees.
How Long Until You Receive Your Money?
ACH transactions take 3-5 business days to settle.
| Day | What Happens? |
|---|---|
| Day 1 | Payment is initiated, and you receive confirmation. |
| Day 3-5 | Funds are deposited into your bank account. |
How to Set Up ACH Payments in Your Account
🔹 ACH is only available for customers using DocketPay (powered by Payrix).
Already Using DocketPay?
✔ You can start accepting ACH payments immediately—no setup needed.
Not Using DocketPay Yet?
📩 Email docketpay@yourdocket.com to get started.
📌 Or sign up directly in Docket → Integrations Page (Guide Here).
How to Accept ACH Payments from Customers
You can accept ACH payments just like credit card payments.
Ways to Collect ACH Payments
💻 Online Invoice Payment:
- The customer enters their banking details when paying online.
🏢 Manual Entry:
- Collect the customer’s bank account info and enter it into the system.
📌 ACH payments are available in all the same ways you currently accept credit cards.
Need Help?
For more information, contact docketpay@yourdocket.com.