How can a business accept ACH payments?

A business can accept ACH payments by letting people send money through their bank, like sending a letter to a friend.

ACH stands for Automated Clearing House, and it's like a special post office that helps move money between banks. When someone wants to pay you using ACH, they tell their bank, "I want to send money to this person," and the bank sends a message through the ACH system.

Imagine your friend wants to give you a gift card for your birthday. Instead of handing it to you in person, they write a note saying, "Here’s $20 for you!" and mail it to your house. That's like an ACH payment, the money travels through the bank system to reach you.

Your business needs a bank account and a way to receive those messages from the ACH post office. You can use something called a payment processor, which is like a helper who knows how to read the letters and put the money in your account.

Once the payment arrives, it’s just like getting a gift card, you know someone sent you money, and now you have more coins to spend!