What is the difference between ACH and Direct Deposit in iCare.

Posted on: 2/19/2019 7:29:27 AM
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;

  1. Bank Account Number (payer's)
  2. 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.

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