ACH Payments WordPress site to accept ACH payments?
In the United States, ACH (Automated Clearing House) payments are a type of bank-to-bank payment.
ACH payments save company owners money on transaction costs since they are far lower than credit card or digital wallet transaction fees.
We’ll teach you how to accept ACH payments in WordPress in this article.
Why Accept ACH Payments in WordPress?
If your company is based in the United States, accepting ACH payments on your WordPress site can help you save a lot of money on transaction costs. If you take big sums of money from consumers on a regular basis, this is an ideal payment option.
Stripe’s cost for receiving ACH payments, for example, is merely 0.8 percent per transaction, with a $5 maximum restriction.
A normal credit card or digital wallet payment cost, on the other hand, is 2.9 percent + USD 0.30 per transaction. Even newer methods, such as Apple Pay, incur a 1.5 percent cost, which is roughly twice as much as ACH.
Let’s imagine a buyer pays $100, keeping these costs in mind. The transaction charge for ACH payments is around $0.80. At the same time, a credit card or digital wallet transaction charge for the same amount would be $3.20.
Similarly, on a $800 payment, the transaction charge via ACH is $6.40, whereas the price via cards or digital wallets is $23.50. This means that the larger the transaction, the more money you save on transaction fees.
Another benefit of using ACH payments is that it increases client retention and lowers churn. Customers will stop doing business until their credit or debit cards are renewed after a specified length of time has passed. You may avoid this problem and prevent involuntary churn by using ACH payments.
Let’s have a look at how to accept ACH payments in WordPress now.
Accepting ACH Payments in WordPress
The WP Simple Pay plugin is the finest solution to accept ACH payments in WordPress. It’s the greatest Stripe plugin for WordPress, and it allows you to set up one-time or recurring payments without having to create a shopping cart.
For this lesson, we’ll utilise the WP Simple Pay Pro edition, which supports ACH payments, on-site payment forms, and other features. The plugin is also available in a free version, although it does not support ACH payments.
The WP Simple Pay plugin must first be installed and activated. If you need more information, check out our step-by-step instruction on how to install a WordPress plugin.
When you activate the plugin, it will immediately begin the setup wizard. Click the ‘Let’s Get Started’ button to begin.
The WP Simple Pay plugin must first be installed and activated. If you need more information, check out our step-by-step instruction on how to install a WordPress plugin.
When you activate the plugin, it will immediately begin the setup wizard. Click the ‘Let’s Get Started’ button to begin.
The licence key must be entered on the following screen. The licence key is readily located in your WP Simple Pay account section.
You may then click the ‘Activate and Continue’ option after inputting the key.
The next step is to link WP Simple Pay to Stripe.
Stripe is a well-known payment processor that lets you accept ACH payments through your WordPress site.
Click the ‘Connect with Stripe’ button to get started.
After that, go in to your Stripe account and link it to WP Simple Pay.
Just a reminder that Stripe needs HTTPS encryption on all websites. Please review our step-by-step tutorial on how to acquire a free SSL certificate for WordPress if you don’t already have one for your website.
WP Simple Pay will display you several email choices to configure after your Stripe account is connected. Payment receipts, impending bills, and payment alerts may all be sent by email.
After that, click the ‘Save and Continue’ option and input your company email address where you’d want to receive these emails.
After that, you’ll need to construct a payment form, which is the final step in the setup procedure. Simply select ‘Create a Payment Form’ from the drop-down menu.
Setting Up a WP Simple Pay Payment Form
In WP Simple Pay, navigate to WP Simple Pay > Add New from your WordPress dashboard to build a payment form.
A variety of payment form templates are available. To use the ACH Direct Debit Form template, hover over it and click the ‘Use Template’ button that appears.
The payment form editor’s ‘General’ tab is where you’ll find yourself. You may rename the form and give it a description if you like.
The remaining options will be left at their default values.
Next, go to the ‘Payment’ tab in the payment form and enter the price amount and label.
You should also set up whether it is a one-time payment or a recurring subscription.
Then, scroll down to the ‘Form Field’ tab.
You’ll note that the ‘ACH Direct Debit’ and ‘Card’ payment choices have already been selected for you in the Payment Method section. You may also choose any additional payment methods you’d want to use if you’d like.
Next, you can preview your ACH payment form and then publish it.
To do that, simply click the ‘Publish’ button in WP Simple Pay.
Your ACH payment form may now be placed anywhere on your WordPress website.
Begin by creating a new page or editing an existing one. Simply add a WP Simple Pay block once you’re in the content editor. After that, from the dropdown menu, choose your ACH form.
Once that’s done, you can preview your page and publish it.
Now you can visit your website to see the ACH payment form in action. Here’s a preview of what it looks like on our demo site.
Final Thoughts on Adding ACH Payments in WordPress
Without utilising a shopping cart, the above technique is the easiest way to take ACH payments in WordPress.
If you use WordPress for your online store or to offer digital downloads, however, most eCommerce plugins enable ACH payments as well.
Easy Digital Downloads, for example, allows you to offer digital downloads such as eBooks, software, music, and more while also accepting ACH payments.
WooCommerce, on the other hand, allows you to sell actual things and take ACH payments.
We hope this post was useful in teaching you how to accept ACH payments in WordPress. You may also check out our guides on how much a website costs and the top WordPress plugins.
