Hey Reddit,

I’m a business owner in the wholesale and retail industry, and I’m in the market for ACH software for payment processing. I would appreciate your input.

  1. What ACH software tools do you use?

  2. Can you share insights on the costs, like monthly fees or transaction fees, associated with the ACH software you use?

Thanks a bunch!

  • d_sakamoto@alien.topBEnglish
    1·
    10 months ago

    Commenting because I want to follow. Did a call with Modern Treasury, which does a high price subscription over a transaction fee. This seems good for my use case, high $ transactions and low volume.

  • health_on_reddit@alien.topBEnglish
    1·
    10 months ago

    At my current company, I’m planning to use my bank (Mercury)'s API given that I prefer programmatic setup. First 100 transactions per month are free and I have a note out to them about pricing for higher volumes.

    At my previous company, we used Bill.com, which costed $55/user/mo + $0.49 per ACH send