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ACH Payment: Bank Transfer

How to record ACH Payment? What is ACH Payment?

Updated over 2 years ago

If you use Stripe as your Payment Processor, you have the option to accept ACH Payments, which require the client to provide their Bank Account Number and Routing Number.

  • After providing this information, the payment will be marked as Pending while Stripe verifies the bank account.

  • The verification process may take a few days.

  • Once verified, FastVisa will automatically update the payment status to Paid or Failed.

  • In case of a Failed ACH Payment, you can resolve the issue by re-entering the Bank Account credentials or deleting the payment without any negative consequences.

Similar to Credit Card Payments, ACH Payments will integrate seamlessly with your Stripe Dashboard.

Please note that ACH Payments have a service fee of 0.8% with a maximum cap of $5.

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