ACH Processing Company vs Stripe ACH Direct Debit

ACH Processing Company provides ACH and credit card processing through a web portal and services API. The ACH Web Portal handles one-time and recurring payments, reporting and administrative tasks. Users can schedule recurring billing or make individual transactions with Quick Debit; Pay Now Links accept ACH and card payments on a website. Report Builder includes more than 28 values for assembling reports, while Report Viewer offers templates for settled transactions, file uploads and unsuccessful transactions. Administrators can manage user rights, require a second user to approve transactions and set email alerts for selected events. The API supports batch transaction creation, transaction searches and retrieval of returned transactions with their return codes. Developers can validate information in sandbox environments designed to mirror production. Listed accounting integrations include Sage 100 Standard, Xero and QuickBooks. The company says it serves corporate clients and municipalities, among other organizations, and offers prospective customers a demo. It was incorporated in 1998 and launched its proprietary platform in 2012. Pricing is on request; platforms listed are web and API.

Stripe ACH Direct Debit lets businesses collect reusable payments from customers’ US bank accounts through Stripe’s API and web checkout tools. It is described as suitable for large or recurring transactions. Customers must be in the US, transactions use USD, and the minimum is 0.50 USD. Standard settlement is $0.80 transaction, capped at 5.00 USD, with settlement four business days after payment creation. Faster settlement costs $1.20 for eligible US users and settles in two business days. Confirmation can take up to four business days. Bank details can be verified through Financial Connections or hosted microdeposits. Checkout, Payment Links, embedded forms, and Payment Element are supported; Express Checkout Element and in-app payments are not. Payments require a mandate, can fail or be disputed, and ACH disputes are final. Full refunds are supported within 180 days; partial refunds are not.