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What is ACH?

ACH payment processing

Denia avatar
Written by Denia
Updated over 3 years ago

Automated Clearing House or ACH transfers are a type of electronic bank transfer that allows you to move money between bank accounts conveniently and securely. ACH systems power everything from direct deposit to peer-to-peer payments like Venmo.

ACH transfers are a much cheaper way to move money than credit or debit card payments, which is why brands love Catch. They cut down on payment processing fees to credit card companies and banks, and reward you instead.

For more info on ACH, we recommend this article from Investopedia.

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