What is the difference between ACH and Direct Deposit in iCare.
Replied by : support@icaresoftware.com
ACH Payments: are electronic transfers from one bank account to another. Account types can be either savings or checking. Following information should be provided for ACH payments;
- Bank Account Number (payer's)
- Routing Number (provided by your bank)
Direct Deposits: are recurring payments (for Credit Cards or ACH accounts) that charged automatically on prearranged schedule as per the Direct Deposit setup.