ACH Insights | Sumble

What is ACH?

ACH (Automated Clearing House) is an electronic funds-transfer system in the United States. It's a network used for electronically moving money between bank accounts. Common uses include direct deposit of paychecks, recurring bill payments, business-to-business payments, and government benefit payments.

Find organizations using ACH on Sumble →

What other technologies are related to ACH?

ACH Competitor Technologies

Wires

Wires are a direct competitor to ACH, offering faster, though typically more expensive, electronic fund transfers.

mentioned alongside ACH in 63% (561) of relevant job posts

wire transfers

Wire transfers are a direct competitor to ACH, offering faster, though typically more expensive, electronic fund transfers.

mentioned alongside ACH in 81% (200) of relevant job posts

Fedwire

Fedwire is a real-time gross settlement system for electronic funds transfers, a direct competitor offering immediate and irrevocable payments.

mentioned alongside ACH in 35% (418) of relevant job posts

Wire

Wire transfers are a direct competitor to ACH, offering faster, though typically more expensive, electronic fund transfers.

mentioned alongside ACH in 31% (323) of relevant job posts

FedNow

FedNow is a real-time payment service developed by the Federal Reserve, offering instant payments and competing directly with ACH for speed and convenience.

mentioned alongside ACH in 47% (212) of relevant job posts

Real Time Payments

Real Time Payments (RTP) are a direct competitor to ACH, offering faster, near-instant electronic fund transfers.

mentioned alongside ACH in 45% (177) of relevant job posts

Wire Transfer

Wire transfers are a direct competitor to ACH, offering faster, though typically more expensive, electronic fund transfers.

mentioned alongside ACH in 69% (110) of relevant job posts

Zelle

Zelle is a direct competitor for P2P and some small business payments, offering faster transfers than ACH.

mentioned alongside ACH in 26% (245) of relevant job posts

ACH Complementary Technologies

Positive Pay

Positive Pay helps to prevent fraud by matching checks presented against a list of approved checks. It can also be used to prevent fraudulent ACH transactions.

mentioned alongside ACH in 50% (350) of relevant job posts

Remote Deposit Capture

Remote Deposit Capture (RDC) allows businesses to scan checks and transmit the images to their bank for deposit. This can be used to initiate ACH transactions from checks.

mentioned alongside ACH in 42% (297) of relevant job posts

Lockbox

Lockbox services process incoming payments and can initiate ACH transactions from received checks, acting as a complement to ACH by increasing the number of possible payments.

mentioned alongside ACH in 35% (156) of relevant job posts