Bank transfers/ACH payments are a direct payment from your clients bank account to your Stripe account which, is linked to Inly. This payment method will need to be enabled by you in the "Payment Methods" section of an invoice before you send your invoice to the client.

When a client chooses this payment method, they can verify their bank account instantly with Plaid or through manual verification. This process is streamlined, and they receive step-by-step instructions to walk them through the bank transfer which, gets you paid faster.

eCheck / ACH fees are 1.5% with a $15 maximum for each transaction. This means that no matter how large the payment is, you will only pay up to a $15 fee for this payment option. This is great for larger payments since the fee is lower than for credit cards.

For additional information about payment methods, and fees, please visit this article.