Is ACH well known in the US? - GoFuckYourself.com

Fiddler · 05-24-2012, 01:48 AM

Hi guys,

As I'm from the UK i'm just wondering how well known ACH is as a payment method in the US?

Would the everyday american know it as something different?

Thanks

Emil · 05-24-2012, 02:04 AM

Quote:

Originally Posted by Fiddler

Would the everyday american know it as something different?

I doubt it.

BIGTYMER · 05-24-2012, 02:18 AM

It's known but I don't think the everyday American knows it. But I'm sure they all know bank deposit.

Harmon · 05-24-2012, 02:32 AM

Yes, we know what it is. It's like a direct deposit or used to pay bills directly through your bank account.

The Ghost · 05-24-2012, 02:51 AM

ACH or Direct Deposit

Barry-xlovecam · 05-24-2012, 04:10 AM

Automated Clearing House (ACH) is both direct debit and direct credit actually. Commercial transaction fees are $0.22 ea at my bank normally the recipient will absorb the fee. e.g.; Online credit card payments, etc. A USA based affiliate program (or one with a USA bank account) could pay USA based affiliates ACH or use a fee for service USA based payment processor to do the same. It is used by domestic USA Federal Reserve member banks -- that is the clearinghouse.

It is just funds transfer between USA (only) Banks.

Single Euro Payments Area (SEPA) is similar in nature and scope albeit newer -- ACH has been available for over 10 years in the USA.

candyflip · 05-24-2012, 05:14 AM

Quote:

Originally Posted by Harmon

Yes, we know what it is. It's like a direct deposit or used to pay bills directly through your bank account.

It's not LIKE Direct Deposit...it IS Direct Deposit. At least on the incoming.

sperbonzo · 05-24-2012, 06:39 AM

Incoming to a US customer's account it's known as ACH. Outgoing to a merchant customers would understand it as an online check.

.

CYF · 05-24-2012, 04:31 PM

your average american understands ACH as a "direct deposit", but yes most people know what that is.

Supz · 05-24-2012, 04:31 PM

what CYF said. Most companies pay employees by ACH.

TheMaster · 06-08-2012, 08:42 AM

Quote:

Originally Posted by Barry-xlovecam

Single Euro Payments Area (SEPA) is similar in nature and scope albeit newer -- ACH has been available for over 10 years in the USA.

most European countries have had this system for decades, with SEPA they're trying to harmonize those system so you can do it across the continent, instead of just your own country

Barefootsies · 06-08-2012, 08:49 AM

Yes it is.

I have Verotel, among others, pay me by ACH. Many people working for traditional brick and mortar businesses receive their weekly pay checks by ACH.

NaughtyRob · 06-08-2012, 09:48 AM

I get my clips4sale by ACH like clockwork.

Sunny Day · 06-08-2012, 10:50 AM

The average American knows Direct Deposit or Online Bill Pay, but they are clueless as to ACH or wires,.

Fees for either depends on your bank, how much you have in your accounts and whether it's business or personal.

Anyone on GFY who has a business bank account. Ask your bank if you can do a "Debit Block." Stops scammers from taking money out of you account automatically, just because they know your account number. Only way someone can take money is by court order. Bad news is, you don't know of the court order most times until the money is taken.

Probably people are stupid everywhere, but I worked for a company where the head account had no clue what a wire payment was. The FBI sent us payments by wire and she just ignored them and them we kept calling to get our money. She also didn't know that having satellite Internet like Dish wouldn't require a cable all the way into space.

pornguy · 06-08-2012, 10:54 AM

Its amazing people dont use it more as its soooo much cheaper than a wire.
Wish ccbill would use it.

Fap · 06-08-2012, 11:57 AM

ACH is pretty well known.. all banks offer it..

mikesouth · 06-08-2012, 11:58 AM

CCBill hasn't heard of it....

V_RocKs · 06-08-2012, 12:02 PM

Archer Clinton Harper?

Not as well known here as in UK for sure!

05-24-2012, 01:48 AM	#1
Fiddler Confirmed User Join Date: Jan 2008 Posts: 835	Is ACH well known in the US? Hi guys, As I'm from the UK i'm just wondering how well known ACH is as a payment method in the US? Would the everyday american know it as something different? Thanks

05-24-2012, 02:32 AM	#4
Harmon ( ͡ʘ╭͜ʖ╮͡ʘ) Industry Role: Join Date: Mar 2004 Posts: 20,010	Yes, we know what it is. It's like a direct deposit or used to pay bills directly through your bank account. __________________ [email protected]

05-24-2012, 02:51 AM	#5
The Ghost IslandDollars.com Join Date: Oct 2004 Location: Icq: 176176 Posts: 12,188	ACH or Direct Deposit __________________ ISLAND DOLLARS 1000's of Exclusive TS scenes / Constant Updates Best TS Network your surfers will ever join

05-24-2012, 04:10 AM	#6
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	Automated Clearing House (ACH) is both direct debit and direct credit actually. Commercial transaction fees are $0.22 ea at my bank normally the recipient will absorb the fee. e.g.; Online credit card payments, etc. A USA based affiliate program (or one with a USA bank account) could pay USA based affiliates ACH or use a fee for service USA based payment processor to do the same. It is used by domestic USA Federal Reserve member banks -- that is the clearinghouse. It is just funds transfer between USA (only) Banks. Single Euro Payments Area (SEPA) is similar in nature and scope albeit newer -- ACH has been available for over 10 years in the USA.

05-24-2012, 06:39 AM	#8
sperbonzo I'd rather be on my boat. Industry Role: Join Date: May 2003 Location: Miami, FL Posts: 9,748	Incoming to a US customer's account it's known as ACH. Outgoing to a merchant customers would understand it as an online check. . __________________ Michael Sperber / Acella Financial LLC/ Online Payment Processing [email protected] / http://Acellafinancial.com/ ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

05-24-2012, 02:18 AM	#3
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066	It's known but I don't think the everyday American knows it. But I'm sure they all know bank deposit.

05-24-2012, 04:31 PM	#9
CYF Coupon Guru Industry Role: Join Date: Mar 2009 Location: Minneapolis Posts: 10,973	your average american understands ACH as a "direct deposit", but yes most people know what that is. __________________ Webmaster Coupons Coupons and discounts for hosting, domains, SSL Certs, and more! AmeriNOC Coupons \| Certified Hosting Coupons \| Hosting Coupons \| Domain Name Coupons

05-24-2012, 04:31 PM	#10
Supz Arthur Flegenheimer Industry Role: Join Date: Jul 2006 Location: New York City Posts: 11,056	what CYF said. Most companies pay employees by ACH.

06-08-2012, 08:49 AM	#12
Barefootsies Choice is an Illusion Industry Role: Join Date: Feb 2005 Location: Land of Obama Posts: 42,635	Yes it is. I have Verotel, among others, pay me by ACH. Many people working for traditional brick and mortar businesses receive their weekly pay checks by ACH. __________________ Should You Email Your Members? Link1 \| Link2 \| Link3 Enough Said. "Would you rather live like a king for a year or like a prince forever?"

06-08-2012, 09:48 AM	#13
NaughtyRob Two fresh affiliate progs Industry Role: Join Date: Nov 2004 Location: Inside teen pussy Posts: 29,602	I get my clips4sale by ACH like clockwork. __________________ [email protected] Skype: 17026955414 Vacares Web Hosting - Protect Your Ass with Included Daily Backups

06-08-2012, 10:50 AM	#14
Sunny Day Confirmed User Industry Role: Join Date: Dec 2010 Posts: 1,406	Ach The average American knows Direct Deposit or Online Bill Pay, but they are clueless as to ACH or wires,. Fees for either depends on your bank, how much you have in your accounts and whether it's business or personal. Anyone on GFY who has a business bank account. Ask your bank if you can do a "Debit Block." Stops scammers from taking money out of you account automatically, just because they know your account number. Only way someone can take money is by court order. Bad news is, you don't know of the court order most times until the money is taken. Probably people are stupid everywhere, but I worked for a company where the head account had no clue what a wire payment was. The FBI sent us payments by wire and she just ignored them and them we kept calling to get our money. She also didn't know that having satellite Internet like Dish wouldn't require a cable all the way into space.

06-08-2012, 10:54 AM	#15
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	Its amazing people dont use it more as its soooo much cheaper than a wire. Wish ccbill would use it. __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

06-08-2012, 11:57 AM	#16
Fap Just Du It Industry Role: Join Date: Feb 2004 Posts: 12,094	ACH is pretty well known.. all banks offer it..

06-08-2012, 11:58 AM	#17
mikesouth Confirmed User Industry Role: Join Date: Jun 2003 Location: My High Horse Posts: 6,334	CCBill hasn't heard of it.... __________________ Mike South It's No wonder I took up drugs and alcohol, it's the only way I could dumb myself down enough to cope with the morons in this biz.

06-08-2012, 12:02 PM	#18
V_RocKs Damn Right I Kiss Ass! Industry Role: Join Date: Dec 2003 Location: Cowtown, USA Posts: 32,422	Archer Clinton Harper? Not as well known here as in UK for sure!