ACH (Automated Clearing House) Payments

Accepting ACH (Automated Clearing House) payments can offer several advantages to higer risk merchants. Here are a few key benefits:

1. Faster Transactions: ACH payments are processed electronically, which can lead to faster transaction times compared to traditional payment methods like checks. This can help merchants to streamline their payment processing and improve cash flow.
2. Lower Fees: ACH payments typically have lower fees compared to credit and debit card transactions. This can help merchants to save money on transaction costs and improve their profit margins.
3. Increased Security: ACH payments are processed through secure networks and can offer increased security compared to other payment methods. This can help merchants to reduce the risk of fraud and protect sensitive customer information.
4. Convenience: ACH payments can be initiated and processed online, making it a convenient payment option for both merchants and customers. This can help to improve the overall customer experience and increase customer loyalty.
5. Compliance: ACH payments can help merchants to stay compliant with federal and state regulations related to cannabis transactions. This can help to reduce legal risks and ensure that the dispensary is operating in accordance with local laws and regulations.
6. ACH transactions can be initiated and processed online, whereas cashless ATM and True PIN Debit transactions require customers to physically swipe their debit card at the merchant location. 

Overall, accepting ACH payments can offer several advantages to merchants, including faster transactions, lower fees, increased security, convenience, and compliance with regulations. 

ACH, Cashless ATM and True PIN Debit transactions can offer benefits for merchants, such as faster payment processing, increased security, and reduced reliance on cash. However, the choice between the three payment methods will depend on the specific needs of the merchant and its customers, as well as any regulatory or compliance considerations that may apply.  Consegna can incorporate an ACH payment option in any solution we put together for higher risk merchants.