ACH Discount Rate

September 8, 2015 2:58 pm

Did you know you can set—and profit from—the discount rate on ACH transactions?

When you take advantage of NMI’s ACH service, not only will your merchants have access to a broader customer base by offering them another popular payment option, but you will also see benefits when you set the ACH discount rate.

E-check transactions processed over the ACH network make up a significant portion of all online payments, with almost 23 billion transactions processed in 2014.

Full Control of the ACH Discount Rate is Yours

  • You set the per-transaction percentage
  • You determine your profits

How can your merchants benefits from offering an e-check payment option?

  • Lower interchange fees than credit/debit card transactions
  • More payment options means consumers are more likely to convert at checkout
  • Less susceptible to fraud than paper checks
  • Recurring billing via ACH translates to on-time payments

What types of merchants should offer ACH payments?

Just about every merchant is eligible, but some will benefit more than others. These include, though are not limited to:

  • Inbound call centers
  • Non-profit organizations
  • Insurance companies
  • Property management companies
  • Mortgage companies
  • Subscription-based services
  • Membership-based organizations
  • Service-based merchants