SecurePay has announced that its payment gateway now offers secure transfer of funds within hours with support for ACH (Automated Clearing House) services.

SecurePay is from OLB Group, a provider of cloud-based omnicommerce and payment acceptance solutions for small- and mid-sized merchants. The payment gateway platform is able to help businesses remit and receive funds quickly and securely.

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Through this feature, businesses can leverage SecurePay to facilitate faster payments, minimize labour costs, mitigate human error, and streamline operations.

Key new features include:

  • On-demand check printing and remittance which eliminates the cost and labour of in-house check writing processes.
  • Digital check processing speeds the transfer and deposit of funds via the ACH network.
  • Mobile app-based customer payment services meet remit data capture requirements of many government organizations.
  • Digital payment solutions for business-to-business remittances eliminate paper checks, speeds fund availability, and automates accounting practices and documentation.

Ronny Yakov, chief executive officer of OLB, said:

“ACH was traditionally utilized for bank-to-bank transfers, but today it is considered a vital tool to securely and quickly move funds that are essential for efficient business operations.

“Integrating this capability into a cloud-based service such as SecurePay provides businesses with tremendous flexibility and control of cashflow and operating costs. In addition, fees for ACH are typically less than the cost of card-based transactions and settlement is normally faster, giving businesses another compelling benefit.”

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The SecurePay payment gateway is a central element of OLB’s comprehensive omnicommerce ecosystem that provides small- and medium-sized businesses with a wide range of cloud-based merchant services that meet their operational needs.