ACH stands for Automated Clearing House. In short, it is a way of paying directly through your bank account. ACH is made possible by a network of financial institutions and supports more than 90% of the total value of all electronic payments in the U.S. (as of Oct. 2015). Many U.S. consumers and employees are familiar with it through the use of Direct Deposit and Direct Payment via ACH.
When can I elect to pay by ACH in ShippingEasy?
One Balance from ShippingEasy is powered by Stamps.com. You can contact Stamps.com to set up funding balance purchases through bank drafts via ACH.
How does ACH benefit me?
Order revenue covers shipping costs:
Most merchants prefer to use their order revenue to cover postage costs. Since ACH is a way of paying directly through your bank account, it enables you to fund your postage costs with the money you make on sales, instead of your credit line.
Simplify the payment process:
ACH has all the convenience of automatic bill pay, but the amounts are incremental and as needed. This way, there's no need to manage multiple credit card statements or worry about maxing out your card.
Only set the payment method once:
When credit cards expire, it requires additional resources from your team to ensure that your business can continue to meet its financial obligations. With ACH billing, nothing expires. Connect your bank account to your One Balance account one time and you're set for the life of that account!
Why switch to ACH?
For starters, there are the great benefits detailed above - check out "how does ACH benefit me". Beyond the time savings and convenience ACH provides to your business, it helps ShippingEasy too. When you set up ACH payments for your label purchases, we can dedicate more resources to developing ShippingEasy. That means a better app for you!
How do I set up ACH payment for my One Balance label purchases?
Stamps.com is able to set up ACH payments for postage purchases by calling their support line at 877-782-6739. Once you have contacted them, they will send the you a form to fill out to complete the process.