Executive summary:
- Enable ACH direct debit bank payments for B2B orders.
- Streamline payment processing by integrating direct bank transactions.
- U.S. merchants with Shopify Payments can now optimize checkout.
What changed
U.S. merchants using Shopify Payments can now accept ACH direct debit payments for B2B orders. This feature allows U.S. customers to pay directly from their bank accounts during checkout and store their payment details for future transactions.
Why it matters
ACH direct debit offers seamless payment processing, reduces manual effort in payment matching, and enhances the customer experience by allowing for quick and secure transactions.
Role-specific impact
- Marketers: Create more compelling offers by simplifying payment processes for large B2B clients.
- Developers: Integrate ACH payment functionality into custom store setups with minimal effort.
- Store admins: Manage transactions efficiently by setting up automatic payments.
Use-case example
Real-world scenario & metric
Imagine a wholesale supplier that processes multiple orders monthly. By enabling ACH payments, they reduce payment processing time by 30% and improve cash flow predictability.
Implementation checklist
- Navigate to your Shopify Payments settings.
- Click on "Activate ACH bank payments."
- Ensure bank account details are correct for automatic transactions.
- Communicate the new payment option to B2B customers.
FAQ
Q: Are ACH payments secure?
A: Yes, ACH transactions are regulated and encrypted for security.
Q: How do customers store their payment details?
A: Customers can save their bank account information securely during checkout for future use.
Resources
For more information, visit the Shopify Help Center.
Need guidance? Talk to Makro.