AlterPay is and always will be free to use, we take a small commission on each transaction that helps us provide you with our awesome service
ACH (Automated Clearing House) payments are a type of electronic funds transfer (EFT) made through a network of financial institutions (also known as clearing houses). The network allows for the secure electronic transfer of money between bank accounts in the U.S.
Yes, there is. Instead of buying checks, printing them, sending them over the mail, getting them lost in the mail, and all that, AlterPay’s free service takes care of all check delivery for you.
With AlterPay, you can control how you pay your vendors and the way they get paid. For example, you can pay an invoice online with an ACH transfer (for free) or a credit card* (2.9% fee), and AlterPay will send a paper check for the amount to your vendor. This means:
• No more wasting time on writing, sending, and tracking checks.
• No more wasting money buying checks, stamps, and envelopes. Sending checks with AlterPay is free, and there are no monthly costs or subscription fees whatsoever.
• Way better security since the check doesn't have your banking details on it, and check forgery or alteration is not a problem.
Hopefully, with these questions answered, you'll know how to make the best decision about the payment methods most suitable for your business.
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