Best ACH Payment Providers

ACH allows your customers to pay with their bank accounts, but finding the right ACH provider can be a little tricky because it’s often not the main feature of a processing service.
Best overall
Dharma
Dharma Merchant Services
4.7 out of 5 stars
4.7
$25.00
/mo
  • pro
    Between $0.40 and 0.20% + $0.40 per transaction
  • pro
    Most versatile ACH processing tools
Best for ACH and credit processing
Stax
4.3 out of 5 stars
4.3
$99.00
/mo
  • pro
    1% with a $10.00 max fee per transaction
  • pro
    Fully featured processing solution
Best for employee paycheck deposits
National Processing
National Processing
4.5 out of 5 stars
4.5
$9.95
/mo
  • pro
    $0.48 minimum per transaction
  • pro
    Recurring payment system
Best online option for developers
Stripe
Stripe
3.8 out of 5 stars
3.8
No monthly fee
  • pro
    0.8% with a $5.00 max fee per transaction
  • pro
    Digital customizability
Best ACH and POS combo
Clover
Clover
4.1 out of 5 stars
4.1
No monthly fee
  • pro
    No listed transaction fee
  • pro
    Comprehensive POS features

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The bottom line: Dharma is our favorite ACH payment provider because it comes in at a great price-point and has a diverse suite of processing tools that offer flexibility in how you accept payments.

Almost all of our recommended processing service brands specialize exclusively in ACH transactions—they’re also credit card processors. That’s because ACH processing isn’t as common as credit or debit card transactions. It’s a service that comes bundled with standard processing tools.

That said, ACH payments are a great way to make large transactions between bank accounts for a small fee. We’re here to help you find the ACH solution that best fits your business needs and saves you the most money on processing costs.

Pricing and plans

Brand
Processing fee per transaction (swiped)
Basic Monthly fee
Learn more
DharmaBetween $0.40 and 0.20% + $0.40$25.00

Stax

1% with a $10.00 max fee

$99.00

National Processing

$0.48 minimum$9.95

Stripe

0.8% with a $5.00 max feeFree
CloverNot listedFree

Data effective 9/12/22. At publishing time, pricing and features are current but are subject to change. Offers may not be available in all areas.

Dharma Merchant Services: Best overall

Dharma
Dharma Merchant Services
$25.00
/mo
  • Between $0.40 and 0.20% + $0.40 per transaction
  • Most versatile ACH processing tools

Dharma has a low monthly fee and great ACH processing features making them a top candidate.

Dharma’s ACH processing platform allows you to accept checks or to manually enter bank details to run a one-time transaction. Dharma’s ACH service also allows you to set up recurring ACH payments with your customers.

And because Dharma integrates with some processing technology services, you can accept ACH payments in additional ways:

  • Telecheck acceptance for Clover. If you have a Clover terminal or you decide to get one through Dharma, you can use the camera on your clover device to automatically scan a check into your processor.
  • Virtual check (eCheck) acceptance. You can accept digital checks through Dharma’s payment portal.
  • In-person check acceptance. You can key checks into your standalone credit card terminal using this option.

Simply put, Dharma gives you a ton of ways to accept ACH payments and at a good price. Best of all, Dharma is one of our top credit card processors if you need those services as well.

Stax: Best for combined ACH and credit processing

$99.00
/mo
  • 1% with a $10.00 max fee per transaction
  • Fully featured processing solution

Stax isn’t the cheapest ACH processor, but it’s a solid ACH payment acceptor and credit card processor.

Stax doesn’t say a whole lot about its ACH processing on its website, but it does have an incredibly low ACH processing fee. If you are doing large ACH transactions, the savings can add up in a big way with a 1% fee and a $10.00 max fee per transaction. You’ll save money on any transaction over $1,000 that hits the $10.00 max fee.

Additionally, with Stax, you have an incredible, fully featured processing solution with all the bells and whistles. Stax is a great one-stop shop for all your processing needs if its $99.00 monthly fee is cost effective in relation to your transaction volume.

Simply put, the more transactions you process, the more you save with Stax.

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National Processing: Best for employee paycheck deposits

National Processing
National Processing
$9.95
/mo
  • $0.48 minimum per transaction
  • Recurring payment system

National processing makes paying your employees easy and does it at a solid price.

National Processing also offers a robust ACH service that does everything you’d expect from an ACH processor, and that makes paying your employees a breeze.

That said, National Processing’s ACH services also make it easy for customers to pay you from their bank accounts. You can also set up recurring ACH payments.

The only uncertainty we have with National Processing is its transaction price. The site says that $0.48 is the minimum fee per transaction but doesn’t give the whole range.

National Processing is also one of our highest-recommended credit card processors, so if you end up needing more than just ACH processing in the long run, you can always expand with your National Processing account.

Stripe: Best online option for developers

Stripe
Stripe
No monthly fee
  • 8% with a $5.00 max fee per transaction
  • Digital customizability

Stripe is a free service, but you need to be a programmer or have access to one to use Stripe.

Stripe is an application programming interface or API. If you or your business associates don’t know what that means, Stripe probably isn’t for you. Stripe requires programming know-how to make it work.

Stripe allows you to accept ACH payments through your online payment portal just like you would a credit card. It can integrate into your website or into any site that uses a Stripe payment processor.

You can also use Stripe to send payable invoices that let customers pay how they want. This won’t guarantee you the low processing costs of ACH, but it is a good way to give your customers more payment options.

Clover: Best ACH and POS combo

Clover
Clover
No monthly fee
  • No listed transaction fee
  • Comprehensive POS features

Clover POS terminals are an industry best and make a great combo to ACH processing.

Clover POS systems can scan checks with an on-device camera. You can also accept ACH payments via Clover’s online portal.

In addition to ACH functionalities, Clover offers a modernized point-of-sale system complete with inventory management tools and employee performance functionalities. That said, you don’t have to go direct through Clover to use it as your processor.

Some of our top payment processors, like Dharma Merchant Services and Payment Depot, offer Clover integrations. Going through a third-party provider may allow you to get a smaller transaction fee.

Honorable mentions

PaymentCloud
Payment Cloud caught our attention with its 24-hour, next-day transfers. In addition to offering all the ACH processing essentials, Payment Cloud can get you money fast. It’s also easy to set up recurring payments with Payment Cloud—with options for daily, weekly, monthly, and annual payments.
Authorize.net
This is a service provided by Visa that makes sense to use if you’re already using them as your processor. It’s ACH fees aren’t the cheapest, but they’re not unreasonable at 0.75% per transaction. One thing to note about Authorize.net is that you have to sign up for its eCheck plan separately from your processing plan.

FAQs

What does ACH stand for?

It stands for automatic clearing house. It’s a digital network for processing transactions between banks and other financial institutions. From your customers’ perspective, ACH transfers allow them to send you money directly from their bank account without having to use a credit or debit card.

Should I be using ACH for accepting payments?

There are a few reasons to use ACH payments. They usually have a smaller processing fee and are better for moving large sums of money. Also, your customers may request a direct bank transfer.

It’s good to have ACH available as a payment option for your customers. Plus, you can save a lot of money on recurring payments by getting your customers to pay you via ACH.

Should I only accept payments through ACH processing to save on fees?

Put simply: no. Generally you want to be able to accept whatever payment methods your customers prefer to use. That said, there’s nothing wrong with encouraging the use of ACH processing to customers that are already loyal to your brand.

Ready to start accepting credit cards?

Square lets you get started for free. The account is free, the app is free, and your first mobile card reader is free. You simply pay as you process.

The takeaway

There are a lot of ways to accept ACH transactions, but your unique processing needs ultimately dictate which option is most efficient for your business. If you’re already using any of these providers for other forms of payment processing, ask them about ACH processing. If not, Dharma has the most robust ACH tools available.

If you’re looking for more details on the processing features of some of the brands recommended in this article, check out our recommendations for the top processors on the market today.

Disclaimer

At Business.org, our research is meant to offer general product and service recommendations. We don't guarantee that our suggestions will work best for each individual or business, so consider your unique needs when choosing products and services.

Andrew Mosteller
Written by
Andrew Mosteller
For four years, Andrew has been writing copy to help business owners expand, manage, and advertise their unique brands. His upbringing in an entrepreneurial family nurtured a passion for small business at a young age. Andrew’s father, an equity fund manager, taught him the ins and outs of investment financing and owning and operating a successful business. Now he brings his expertise and experience to entrepreneurs as a regular contributor on Business.org.
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