BENEFITS OF ACH PROCESSING

secure ACH processing

PROCESSING
SECURELY

Process Electronic Checks and Credit Cards from within one Secure Internet-Based Tool from any computer with Internet Access for unlimited users.

ONLINE
PAYMENTS

Accept ACH payments online through your e-commerce website or through your customer management or inventory application.

ONLINE CHECK
PROCESSING

Reduce the hassle and delay of dealing with paper checks. Get your money faster and more manageably.

PAYMENT
SECURITY

Accept ACH payments online through your e-commerce website or through your customer management or inventory application.

reoccurring billing

REOCURRING
BILLING

Electronic ACH debits your customers bank accounts on an automatic schedule.

NEED A CUSTOM
SOLUTION

Don’t have a website or online invoicing application? We can build a custom system specifically tailored to your business needs.

A FEW INDUSTRIES THAT BENEFIT FROM ACH PROCESSING

Security
Companies
Property
Managers
Bill Collection
Companies
Utility
Companies
Universities &
Colleges
Healthcare
Facilities
Online
Retailers
Waste Service
Companies
Banks (Primary
& Branches)
Law
Firms
HVAC
Companies
Communications
Companies
reoccurring billing
Payroll
Companies
Martial Arts
Academies
Lending
Institutions
Accounting
Firms
Dentistry
Practices
Charitable
Organizations

CONTACT US TO GET STARTED

Dodson ACH Processing is a Secure Choice for your Business when finding a payment solution that fits all your business and security needs. Get in Touch to learn how Dodson ACH Processing works for your Business.

More info on ACH Processing

An ACH transaction starts with a Receiver authorizing an Originator to issue ACH debit or credit to an account. A Receiver is the account holder that grants the authorization. An Originator can be a person or a company (such as the gas company, a local cable company, or one’s employer). Accounts are identified by the bank’s Routing Number and the Account Number within that bank.

Once written or verbal authorization is acquired, the Originator then creates an ACH entry to be given to an Originating Depository Financial Institution (ODFI), which can be any financial institution that does ACH origination. This ACH entry is then sent to an ACH Operator that passes it on to the Receiving Depository Financial Institution (RDFI), where the Receiver’s account is issued either a debit or credit.

The RDFI may, however, reject the ACH transaction and return it to the ODFI if, for example, the account had insufficient funds or the account holder indicated that the transaction was unauthorized. An RDFI has a prescribed amount of time in which to perform returns, ranging from 2 to 60 days from the receipt of the ACH transaction. However, the majority of returned transactions are completed within 24 hours from midnight of the day the RDFI receives the transaction.

An ODFI receiving a returned ACH entry may re-present the ACH entry two more times for settlement. Again, the RDFI may reject the transaction. After which, the ODFI may no longer represent the transaction via ACH.