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% per transaction. If you absorb the fee, it's capped at $10. If you pass the fee to your client, it's capped at $20 — making it a great option for larger payments."
For additional information about payment methods, and fees, please visit this article.
For any additional questions please reach out by clicking on the chat box or at support@inly.com and a team member would be happy to assist you.