In most of the countries around the globe, direct ACH debit has become the most popular payment option. If a business owner wants to make the payment transactions and billing fully automatic, he must pick up this payment transaction system. This payment system allows a owner to receive payments more efficiently and expediently. While you are setting up an account of this type, you should declare that you would permit debit transactions into your account. The utility companies use a payment slip to obtain the permission of debit transaction. Their payment-slip is processed in the banks and the account is ready for debit transactions this way. These small pieces of papers have several vital informations written on them such as customer details and sensitive informations associated with debit payment transactions.
You can also set up your ACH debit account over the phone. There is a formal script for collecting the informations. Nowadays the companies are also allowing the users to set these accounts up over the network filling up an application form. There are several advantages and disadvantages associated with ACH debit payment system. Considering all these issues, you should choose if you need this option for your business or not.