ACH stands for "Automated Clearing House". It is an electronic debit or credit that can be initiated from any checking or savings account for either one time payments or recurring payments.
ACH is now integrated in RTO Pro. Your
customers with a checking or savings account
can pay their payments via ACH. They can pay
by ACH on an automatic recurring basis
with the built in AutoPay feature or just as a one
For ACH processing in
RTO Pro you have 2 choices for your ACH
provider, each is described below:
|Per transaction fee
$10.00 Per company (not per store)
NSF representment module and
enhanced MyView™ online reporting
(Per Company, not per store)
|One Time Setup Fee
For returned ACH you can still charge an NSF fee but you are only getting charged $1.95 compared to the $10.00 to $30.00 most banks charge for checks returned to you.
For added value and efficiency, activate the optional Profituity representment module and payments returned as NSF will be automatically resubmitted for deposit up to two additional times, significantly reducing the time and effort required to collect payments.
To set up a customer to pay by ACH all you have to do is get their account and routing number, this information is saved in RTO Pro. Then set which contracts are to be paid automatically by ACH. Then when you run recurring billing you click one button and all your customers who's contracts are due to be processed will automatically be ACH Debited and their payments will be entered in 1 step. You can have 1 or 1000 customers set up for ACH and they are all processed with 1 click! Your checking account will be credited the next day for all ACH Debits processed.
ACH can also be used as a telephone authorized one time payment. If a customer calls and wants to pay by ACH you can accept their payment over the phone.
ACH Check conversion is
also optionally available with the purchase
of a Burroughs SmartSource Edge Check
scanner. These are available for around
http://www.burroughsstore.com or at
http://www.unilinkinc.com. ACH Check
Conversion or ACH ARC is where you scan
checks you receive and submit them
electronically through the ACH system
instead of depositing them at your bank.
This is included at no extra cost with the
RTO Pro ACH system (except for the per
transaction fee same as all ACH
transactions). When a check bounces you
would be charged the $1.95 returned ACH fee
instead of the $10 to $30 NSF fee banks
For more information about ACH or to
get set up call 800-351-6299
How to use Autopay in RTO Pro
Note: Customers can pay on Autopay by credit card also if you use X-Charge for credit card processing with RTO Pro. Call 800-351-6299 for more info about X-Charge.
- When a customer wants to pay by ACH enter their ACH info: Alt-E from the Payment Screen or click on the "Credit Card / ACH Info" button on any customer screen. Click on the "Print ACH Authorization Form" button to print an Authorization form for the customer to sign.
- For each contract the customer wants to pay automatically by ACH or Credit Card check the "Pay by AutoPay" button and how many days before they are due to process the payment (generally 0, which would be the day they are due). You set this up in Contract Maintenance (Point of Sale Menu option 3) or push F11 twice from the Payment Screen, you can also enter this information when you load a new rental agreement. You can also set up advanced autopay to pay 1 time autopay payments or pay on any specified date or amount.
- Go to Autopay (Point of Sale
Menu > Alt-A) and click the "Process Now"
button. Anybody who is set up to pay by ACH
or Credit Card will be charged and their
payment will be entered in 1 step. It
doesn't matter if you have 1 or 1000
customers set up they are all processed in 1
- The ACH funds are generally credited to
your account within a couple of business
days. ACH can be used
for 1 time payments also.
For more info about what ACH is and how it
works see this link: