How can you distinguish between ACH and an eCheck?
With people’s very hectic schedules nowadays, personally visiting banks can be a pain. Luckily, with the ACH network, this is no longer the case. This is a prominent method for settling invoices securely in an electronic manner. However, what about businesses that are comfortable with the safety of writing a paper check? Well, the good news is that you can rely on electronic checks. They offer a great solution, providing a time-saving and more convenient way of banking.
What is it, and how to send an ACH Payment?
This is a straightforward and secure method for processing payments. ACH utilizes an automated clearing house network that transfers funds from one bank account to another. Essentially, the charges associated with other payment methods, such as processing a credit card, are not applicable.
Similarly, businesses can make payments with the assistance of one-time, authorized ACH credit or debit transactions. In essence, ACH transfers are considered one of the most secure methods of transmitting money in the U.S.
What about electronic check payments? How do they work?
eCheck pertains to the electronic version of a paper check. It sets up money transfers from one bank account to another. Essentially, this is a kind of digital funds transfer that allows enterprises to process funds electronically.
Depositing money using this approach is remarkably faster than processing a paper check. eChecks are generally safer than other payment approaches, mainly because banks stand behind electronic checks. It is the sole payment approach that the U.S. Treasury supports for digital payments.
Last updated: September 2025