ACH Credit
ACH credit is a payment method available in the USA and utilizing an Automated Clearing House, an electronic network used by businesses nationwide to make automatic payments. ACH credits function like a digital check, transferring money from one bank account to another. Both parties---whether an individual or a business---must authorize the transaction, as money cannot be transferred to or from someone's bank account without a formal permission.
The customer experience with ACH credit involves the following steps:
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The customer selects ACH Credit as the payment option on the Cleverbridge checkout page.
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Cleverbridge provides the customer with the necessary bank details to proceed with the payment.
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The customer instructs their bank to conduct the payment.
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The customer's bank performs the payment.
It usually takes from 1 to 2 business days for the order to be paid.
- Once the payment is confirmed, Cleverbridge delivers the order with a product key and a download link to the customer via email.