ACH Payments: What Are They and How Do They Work?

If you’ve been looking into new ways to make electronic payments, you’ve likely encountered ACH payments.There are several different methods for electronic money transfers, but not all methods are created equally in terms of security, fees and convenience.For more information on ACH payments and how they work, keep reading for everything you need.Related: There is a New “Conventional Wisdom” Needed in Personal FinanceWhat are ACH payments?ACH is the acronym for Automated Clearing House. An ACH payment is a store-and-forward system