Square: Invoices now available for ACH payments

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Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.
  • Square builds common business tools in unconventional ways so more people can start, run, and grow their businesses
  • Announced businesses now accept Automated Clearing House (ACH) payments on Square Invoices, bringing convenience
  • ACH payments an electronic bank payment method that provides a simple and secure alternative to card networks
  • During its beta testing period, Square found that the average ACH transaction on Square Invoices was $3,500 [1]
  • ACH payments seamless to implement and use on Square Invoices, with everything being handled on the back-end
  • With ACH payments, businesses can offer an additional way for customers to pay that both simple and secure
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