Remove ACH Processing Remove Payment Gateways Remove Processing Costs
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How To Find the Best Credit Card Processor for Small Business in 2024

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However, the percentage markup rate does not give you a full picture of your processing costs. Effective rates The effective rate is what you want to look at to truly understand how much you are paying for your credit card processing.

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What Is an ACH Payment Facilitator?

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An ACH payment facilitator, therefore, is simply a PayFac that allows users to accept payments through an electronic bank-to-bank network. ACH transactions are one of the fastest-growing modes of electronic payments in the world due to the convenience they offer, low processing costs, and enhanced security.

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