ACH payments

With Visa and Mastercard recently announcing plans to increase credit card processing fees starting in October and April, many businesses are looking for ways to offset these extra costs. While some may choose to raise prices for consumers, another option is to transition toward more cost-effective methods like ACH payments.

Merchants and ISO resellers are quickly adopting ACH payments because of its lower processing fees to save merchants money, higher margins for resellers, convenience fee alternatives and cash discounts.

To build ACH yourself might seem simple, easy and risk-free. But it's not. Here are things to consider and how VCI helps mitigate any risk to your company.

Sanjay Patel was recently appointed Director of Technology, and has a lot of exciting things in the works. Each of which will help our ACH payment processing clients and partners grow. Here is a little more from Sanjay about his new role and focus!

VCI today reported that it has grown 122 percent in monthly payment processing volume year-over-year as of March 31, 2021. Read more about the ACH payment processing offerings, expanded partner program and new team members.

The volume of payments through ACH wire transfer increased in 2020 by over 8% since the previous year to a record 26.8 billion. It’s also the 6th year in a row where payment volume went up by a billion. Much of the increase is due to the pandemic and the shift to direct transfers like […]