It can also be more secure and predictable than waiting for a check to come in the mail.Dipping a chip card, swiping a credit card, or keying in a credit card number on a mobile device is becoming the norm for many customers and businesses.

Choosing one method over the other can mean very different business processes and funding times, so it’s important to research and determine the best option for your business.
Visa, Master Card and American Express are among the most widely accepted credit cards.
This method processes the payment electronically—without the physical presence of a paper check.
ACH processing is governed by the National Automated Clearing House Association and has different transaction fees (often lower) than credit cards.
According to PWC, the number of consumers making mobile purchases more than doubled from 2010 to 2017, rising from 7% of consumers to 17%.
Consumers are making more online payments in 2019 than ever before, and mobile payments in particular are on the rise.
Many consumers find that mobile bill pay makes shopping easier, more convenient and saves them time.
While some customers have security concerns about storing information on their phones, companies that offer a secure payment acceptance method provide more value to their customers.
Many merchants find they save time when accepting payments securely over their phone or through a payment schedule, that directly debits their customer’s bank account.