Here’s how to set up ACH payments:
Create a Stripe account (if you don’t already have one)
Enable ACH in the Stripe Dashboard
Connect Stripe to Bloom payment methods.
Enable ACH on the project invoices where you’d like to offer this form of payment.
Bloom does not charge anything for ACH payments, however, Stripe has a 0.8% transaction fee with a maximum fee of $5. You can learn more about Stripe fee structure here.
Keep in mind, ACH transactions are not immediate and may take 3 - 5 business days. Stripe also has a limit of up to $25k per transaction.
Any disputes and refunds will need to be processed through your Stripe account.