B2B Calculator SB-DP
Calculate the Costs and Savings
Get a quick estimate of the costs and savings of using Direct Payment via ACH. Our Direct Payment via ACH calculator uses industry-average data for over thirty variables to provide you with a quick estimate.
Set up Direct Payment via ACH and Start Saving
After the initial costs of setting up a Direct Payment via ACH program, your company will begin to realize savings. Direct Payment services are available from numerous financial institutions and payment providers, and might be bundled with other services depending on the account relationship.
Costs will vary but may include:
- Setup—Your financial institution may charge you a fee to cover the setup and processing of Direct Payment transactions in a prescribed file format, known as an ACH-formatted file. Many business accounts receivable systems and electronic payment services offered by your financial institution are designed to produce this file.
- File Transmission—Typically determined by how often your company transmits a file to your financial institution.
- Transaction Fee—Based on the number of transactions (payments) in your transmission file. Many financial institutions offer volume-based discounts.
- Returns—Fees may be incurred for payments returned due to NSF or account closed, much like for returned checks.