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if youamp;#39;ve ever used direct deposit for your paycheck or signed up for reoccurring payments where the merchant deducts the funds from your checking account then youamp;#39;ve experienced ach payment processing first hand itamp;#39;s just one of the digital ways to move money from point a your customeramp;#39;s bank account to point b in your business bank account now that recent changes have made ach processing faster and easier to use you may be looking at this payment method with fresh curiosity how can business owners take advantage of ach payments and how do ach payments compare to credit card payments and other electronic payment options ach payments are electronic fund transfers between banks so ach payment processing is a convenient way to send and receive money using only a bank account number and routing number no checks cash or cards necessary there are two main kinds of ach transfers an ach debit transaction pulls or withdraws funds from an account an ach credit pu