WTS

There are all sorts of ways to transfer money nowadays, all of which honestly have a combination of advantages and drawbacks – and there really is not a way to sugarcoat that. It is the nature of finance in the modern world, and there is no way around this. However, that does not mean that there aren’t plenty of options.

In fact, there is a wealth of them that anyone of any income and business level can take advantage of.

I have written about many of them already on my site (please check those out and compare), and no, I don’t highlight the obvious examples like PayPal. Rather, I prefer to look at the many different options out on the net that not enough indie entrepreneurs, startups, and other business people consider.

As is apparent by the title, we will look at the automated clearing house service provided by ACHDebit.com, founded by WTS. Even if this sounds a little banal, there are some interesting tidbits of knowledge and samples of my classic and crass humor spread throughout the article. So, there is something for everyone here.

Read on and enjoy…

ACH Vs Bank Wire: What’s The Difference?

At first, you might think that sending or receiving money using ACH and wire are the same thing, and in some ways, they are similar. Both methods involve sending money using the same or different bank networks, common in the business world.

On the other hand, ACH is as different from a bank wire as a Yankee slut is from a corner whore from anywhere. With the latter, you have to pay, though not very much, and the former will give it away for free. That may sound like colorful humor for its own sake, but it is relevant.

ACH transfers, like sluts, are free when it comes to sending and receiving, whereas bank wires, like cheap hookers, charge a small fee for their services. Following up with my metaphor, just as you can only (or generally) find American-born loose ladies in the States, ACH transfers sent using this service only apply to companies and actors operating in the land of red, white, and blue.

There are other differences as well, which we’ll get into throughout the article, but those are the highlights.

This Is Why You Should Join

To give you the condensed version of this website’s pitch, I’ll thusly sum up this site’s deal.

ACH Debit is a US-based service provider that facilitates secure money transfers between parties since 1997, but you could probably already have guessed that. To get into the nitty-gritty details, they only provide this service to clients who reside within the United States – sorry to all of the other two-hundred some countries!

This payment method is being increasingly preferred for everything from employee payments to rent withdrawals for those unaware. Given the tried and true nature of this system and its near ubiquity, it is a proven method everyone should consider using. While there are many providers of this service, ACH Debit claims to be the best in the business.

Besides basic payment processing, this company specializes in account validation, consumer identification, assists with affiliate management, and can help with revenue generation and loyalty programs. In addition to all of this, you and your partner’s security, privacy, and satisfaction are guaranteed.

But those are only the basics; there are plenty more to get into in more depth.

Let Us Do A Rundown On The Specifics

Instead of trying to cram all of the many things that this company does in one section, I’ll try to break it up into a series of easy-to-read summaries.

Recurring billing – This is a basic sub-service, but one worth mentioning. Just like a landlord regularly takes payment from a renter, WTS offers an option to set up monthly, weekly, daily, quarterly, etc., payment options for their users. So, if you are running a pay-to-see blog, exclusive entertainment platform, or perhaps a porn site, setting up subscriptions will be no problem at all.

E-ticket program – Within the lightning speed of 24-hours of getting your account, you can get a custom account number set up to address any problems or help you on your way with the many ways you can take advantage of this program’s many services.

You’ll also be notified of any special deals or new programs that are upon offer. As with the tech staff, the merchant support is excellent as well.

Real-time accounting – By networking with ATMs, WTS can determine whether or not a check will bounce. The system works by cross-references numbers with closed, invalid, or frozen bank account numbers and uses other methods to determine this.

This system covers about 50% of US account holders, so the chances of avoiding bad checks aren’t perfect, but certainly better compared to other service providers. This means that users are going to have to worry about bouncing checks.

Best of all, this is a no-charge service!

Collections resolutions – If you do end up with a bounced check or similar inconvenience, this service can help you out there. The WTS’s in-house billing department can help you handle these situations in the odd event they arise. That means you deal with fewer freeloaders and thus fewer return fees.

Non-ACH accounts – Not everyone sends money via ACH, which you might think is a problem but really isn’t. This system can convert non-ACH entries into paper receipts then add them to your bank account. There is more to it than that, but WTS has you covered when it comes to this aspect of running a business as well.

Cancel customers – No one likes losing consumers, and with WTS, your chances of this happening are highly reduced. This is because they make it easy to provide retention programs to keep customers from leaving without an offer. Specifically, if a member of your site hits the ‘cancel’ option, they can be prompted to rejoin at a reduced rate or receive another special offer to maintain membership.

WebCam services – This, I’m sure, will be as exciting for some of you as mentioning the letters K, G, and E suggestively in a drug addicts anonymous meeting. Yes, this straitlaced company can help all of you in this department as well. Their system supports username and password management and cross-sales, single clicks, membership upgrades, and other features needed to run such a service.

By the way, if you are thinking about starting your own webcam company, I’ve done several reviews on cam script sites. Look them up and enjoy the information – I am sure they will help you.

Regular reporting – When a business is up and running, perhaps the most essential day-to-day operation is tracking money. With this tool, you can see money reports, transactions on a daily, monthly, or annual basis, accounting stats, and more. Not only will you get yesterday’s and the last week’s reports, but you’ll also be able to see real-time sales readouts, affiliate tracking, retention reports, etc.

Everything is completely secure thanks to their advanced firewalls.

Data dump – Along with having real-time access to your accounting numbers, it’s essential to have backups for your data as well. WTS’s software can do this, which your tech geeks can fully utilize as needed in the present or the future.

Fraud prevention – Although I noted it earlier, this aspect of WTS’s services needs even more explaining. According to the website, they boast “the largest negative and positive database on the ‘Net.” This is in part facilitated by their tireless staff and an exclusive, proprietary software called TOAST or total online acceptance scoring test.

Note: I should point out that, as I said earlier, standard ACH transfers don’t cost either party money, unlike wire payments per transfer. However, the general service provided by ACH Debit to you is associated with service fees.

Good thing then that they do have enviable service fees compared to their competitors. Fire off an email; they’ll give you a complimentary quote.

There Are The Terms That You Have To Adhere To

When it comes to all things business, you always need to read the fine print. This is especially true in the world of finance and transactions.

Other than what I have already described, I strongly suggested that you read through the terms of service. Granted, I usually advise that, but it’s especially critical for a service like this or really anything to do with money.

There are far too many examples to cite, but people have been screwed over by scammers, governments, and other douche-y actors all over the planet.

But rest assured, this company is not only legit but also provides support options in cases of an emergency. ACH Debit’s parent company, WTS, hosts an entire call center. If you prefer, there is also an email support service. Regardless, no matter how you get in touch with their trained agents, your needs will be met by real WTS employees – no one who has been outsourced.

As you might expect (and you always should in this business), they are experts at preventing fraudulent accounting and transaction activity. While you shouldn’t have any problems on an average day, things do happen. If you do run into an issue or see something suspicious, make sure to report it to your bank within sixty days.

Apply Now And Get A Goody… If You Dare

It was difficult for me to come up with an objective score when it comes down to it since this company only provides transaction help for US residents. Of course, that and the fact that transfers take time are a part of the nature of the system.

To be fair, these help keep you safe. Indeed, the slow processing time, immediate irreversibility of a transfer, and difficulty of undoing a payment help prevent fraud. Still, it might take some getting used to for some of you.

I came up nearly as dry as a seventy-year-old nun’s vag when trying to find out about other people’s experiences on this platform regarding third-party reviews. I was able to find a reputation score on RepDigger.com that put this company’s score at a mere 7%. Weirdly, there aren’t any written reviews detailing the issues with this site’s services, and there haven’t been any updates since 2016!

Having said that, I have to rely on my judgment with such a lack of external resources.

All in all, if you’re outside the States, this isn’t going to be the system for you. On those grounds, I can’t assign a rating to this site’s services. If you live in America, you may need this transaction depending on the enterprise you are running.

If you’re in charge of or involved with a startup, then using PayPal, Paxum, or Payoneer will work just fine at present. In general, bank wire transfers work excellently for domestic or international businesses as well. However, if you are expanding or running a larger enterprise with dozens of employees – especially if it’s a brick-and-mortar enterprise – then apply to start using Debit ACH.

Registration is uncomplicated and comes with no charge, and when you sign-up, you get thirty days with all processing fees waived.

For those reasons, I give this website and its services four hands out of five.