Introducing: ACH Payments on FreshBooks

Give your customers the flexibility and convenience of paying by bank transfer.

As a hard-working small business owner, you’re constantly evolving to keep up with your customer and industry demands. You’re intent on offering the best quality, service and overall experience. And when it comes to getting paid? You want to make that process as simple, streamlined and speedy as possible.

At FreshBooks, we want the same things for our customers. (That’s you!)

That’s why we’re introducing Automated Clearing House (ACH) payments aka bank transfers—the latest way for our U.S. customers to get paid 2x faster with a low transaction fee of only 1%. Ideal for large invoices, ACH payments ensures you keep more of your hard-earned income while offering your customers even more choice.

What’s ACH?

ACH is a network that connects all financial institutions across the U.S. It allows people and businesses to electronically transfer money from one bank to another.

To offer your customers the convenience of paying by bank transfer, simply enable FreshBooks Payments or Stripe, if you haven’t already. Once you’ve flipped that switch, you can give your customers the choice between paying online via credit card or by bank transfers.

On their invoice, your client can opt for ACH as a method of payment and authenticate their bank account. FreshBooks Payments will verify whether or not the client has sufficient funds and will approve or decline the transaction.

If approved, funds will be deposited in your account.

Why ACH?

The decision to use a tool to get 2x paid faster than by check seems like a no-brainer, but there’s more to it than that.

Checks Are Extra Work

In addition to the extra time associated with accepting checks (waiting for it to be approved, signed, printed, mailed and delivered), there’s also more work involved. Once you receive the check, you’ll need to deposit it into your bank account and then mark the payment in FreshBooks to ensure your bookkeeping is up to date.

When you use ACH, funds are automatically deposited into your bank account and marked as paid in FreshBooks. No more tiny to-dos cluttering up your desk and your mental space. You can simply carry on with doing the work you love.

Checks Aren’t Convenient for Your Clients

News flash: Most of your customers don’t like checks any more than you do. Many of them prefer to take care of billing transactions digitally. It’s faster and more convenient for them too! No more digging out the checkbook, fumbling with paper and manually reconciling their bank accounts.

Bonus: when you offer more flexibility and choice for payment, your customers will know they’re dealing with a professional entrepreneur who invests in smart solutions.

ACH Is Less Expensive Than Online Payments

Online transaction fees on large invoices add up quickly. Use ACH on larger invoices to avoid high fees, and set it as the only payment option to ensure you get paid the way you want. This means getting paid as fast as credit cards, with a fee of only 1% per transaction.


What are you waiting for? Try out ACH payments in FreshBooks and see what you think! As always, if you have questions or feedback, our Support Team wants to hear from you.

Reach out at by email: or phone: 1.866.303.6061.

about the author

Freelancer & FreshBooks Customer Heather Hudson has been a freelance writer for more than 17 years. As a small business owner, she understands the triumphs and challenges of life as an entrepreneur. And as a longtime FreshBooks customer, she’s always looking for ways to work smarter, not harder. You can learn more about her work at