what is a ach payment
Automated Clearing House (ACH) payments are an electronic funds transfer from one bank account to another. ACH payments have been around for over forty years, and were developed with the intention of being faster, safer, and more efficient than the use of paper checks to transfer funds.istinguish ACH credit payments from ACH debit payments. There are actually two forms of ACH payment you can make. You may want to think of them as a âpushâ and a âpullâ payment method, respectively. 1  An ACH credit payment is the form most common to online bill paying through your bank.