Most major online casinos accept eCheck as a form of payment. These fees are charged for the payment authorization process so the transaction could be completed.įurthermore, ACH payments use your bank account and routing numbers, which rarely change, so merchants do not have to worry about cards expiring or any other issues that may arise with a card number. Online casinos benefit from ACH payments because they are avoiding high interchange fees, which merchants pay when a customer makes a card payment.
A notable difference between ACH and online banking is that you are requesting the payment in comparison to the payment being processed by providers like Visa or Mastercard. Payments made through eChecks is not the same as traditional debit or credit card transactions meaning they do not process payments immediately after they’re made. Depending on your bank’s regulations, you can use your debit or credit card to make ACH payments. Simply put, eChecks send your payment from your bank account into the merchant’s account by using the Automatic Clearing House, known as ACH. Notably, ACH is a payment network used exclusively in the U.S. An eCheck, or electronic check, is a common digital form of payment in online gaming.