Increase ACH

What Increase ACH is

Increase ACH lets technology companies originate ACH credits and debits, manage returns, and keep frequently used payment details. It is available through web and API access, with webhooks that report transfer lifecycle events. Increase says ACH is same-day by default, submits at every Federal Reserve window, and payments may arrive in less than 24 hours; next-day origination is also available.

For reconciliation, counterparties can have unique account numbers. Customers with a reserve account can instantly access debited funds. Inbound transfers can be previewed for one hour before allocation, with allow or disallow lists and specialized rules or limits available to manage them. Return codes and standard entry class codes are exposed, and returns are automatically correlated. The dashboard displays payment status, transactions awaiting submission, estimated arrival, and returns. Increase’s API documentation describes access to capabilities and data from the Federal Reserve, Visa, The Clearing House, depository networks, and accounting tools.

Charges are per transaction: next-day ACH origination is 0.50 USD, same-day origination is 2.00 USD, ACH returns are 5.00 USD, unauthorized returns are 15.00 USD, and late return request processing is 25.00 USD. Monthly fees vary by use case, and custom pricing is available for financial technology platforms moving customer funds or companies with large corporate balances.

Who it suits

Increase ACH is aimed at technology companies that need ACH credits and debits through web or API access. It may suit fintech platforms moving customer funds or companies with large corporate balances that need custom pricing.

Limits

Origination and return fees are charged per transaction: next-day origination costs 0.50 USD, same-day origination 2.00 USD, ACH returns 5.00 USD, unauthorized returns 15.00 USD, and late return request processing 25.00 USD. Instant access to debited funds requires a reserve account.

Getting started

1. Visit https://increase.com/products/ach.
2. Contact the sales team at [email protected] to get started or ask questions.
3. Choose next-day or same-day ACH origination as needed.
4. Use web or API access to originate credits and debits.
5. Configure inbound payment controls and lifecycle webhooks as needed.

Verdict

Consider Increase ACH if your technology company needs programmatic or web-based ACH origination, return tracking, inbound payment controls, and payment status visibility. Look elsewhere if you need a free plan or a fixed monthly fee rather than transaction charges and use-case-dependent pricing.