How to Accept ACH Payments via Square?

Modified on Tue, 12 Mar at 2:19 PM

Important Details About ACH

  • As of March, 2024, ACH bank transfers have a lower processing fee — just 1%. Please check Square for latest processing fees.

  • ACH payments take up to 3-5 business days to process.

  • ACH bank transfers have a minimum fee of $1 per transaction.

  • The ability to cancel or refund a pending ACH payment is not available at this time.

  • Markate does not charge any  processing fees.

Steps to Enable ACH

1)  Go to Settings > Online Payments and Select Square to enable ACH payments

2) Go to Invoice Settings and Enable ACH Bank Transfer

3) On create new invoice you also have the option to select the payment methods (just for that invoice). So now you can chose only CC, only ACH or both CC & ACH and the UI on checkout will change accordingly    

4)  Customer View of  ACH payment option (Both Credit card and ACH enabled)

5)  Customer view of ACH payment option (only ACH enabled)

Here is a video showing you how to do this.

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