NACHA (National Automated Clearing House Association) payments offer a very low-cost, effective solution to receiving Member payments electronically. Office now has the capabilities of accepting ACH payments directly from your Club’s Members, without the need for an intermediary processor, such as ETS, or Open Edge.
In addition to (or in lieu of) accepting Member Credit Card Payments, which oftentimes have high processing fees that impact the bottom line, Management wanted to provide Members with another option to pay their monthly statement electronically, via ACH. With significantly lower fees than credit card processors charge, Clubs are now able to utilize their primary bank for processing ACH’s directly, and provide Members with this additional payment convenience.
This video contains highlights from a training Webinar given on NACHA Payments.
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