Business payments
Get clarity on the payment methods that keep your business running.
ArticleWhat is an ACH payment? A complete guide for businesses
Fiona Lee
Former Content Lead, Ramp
Latest
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What is a MICR number? Definition and how it works on checks
A MICR number is the magnetic-ink line at the bottom of a check that shows your bank's routing number, your account number, and the check number for processing.
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What is an ACH payment? A complete guide for businesses
An ACH payment is an electronic bank-to-bank transfer sent in batches over the Automated Clearing House network for payroll, vendor bills, and recurring debits.
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Recurring payments explained: Types, methods, and examples
Recurring payments let a merchant charge your card or bank account on a set schedule under one up-front authorization, without approval for each new charge.
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Payment reconciliation: What it is and how it works
Payment reconciliation compares internal records with bank, processor, and gateway data to confirm every payment is accurate, complete, and properly recorded.
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ACH vs. credit card payments: Fees, speed, and risk
ACH moves money directly between bank accounts at low cost, while credit cards offer instant authorization, rewards, and more extensive dispute rights.
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What is an ACH routing number and where do you find it?
An ACH routing number is the nine-digit code identifying your bank in ACH transfers. It appears on checks, in online banking, and in the Fed routing directory.