How the Pandemic Accelerated the Need for ACH Payments | Florida Capital Bank

In this article, we focus on how the Covid-19 Pandemic has accelerated the ACH Payment movement over that last year and how FLCBank’s solutions can help make your payroll efforts more efficient.



  1. FLCBank: Offering Efficient Automated Clearing House (ACH) Payment Solutions
  2. It’s Time to Stop Overlooking ACH Processing
  3. Identifying if ACH Processing is Right For You With FLCBank


 FLCBank: Offering Efficient Automated Clearing House (ACH) Payment Solutions

Automated Clearing House or ACH Payments, also known as e-checks or electronic funds transfers (EFT), offer businesses:

  • Safer Payments
  • Streamlined operations 
  • Greater flexibility when making payments

Although this service has always been an important tool, it has become even more essential over the past year. The Covid-19 Pandemic created an environment that required employees across the world to make their home their new office. Businesses were forced to get creative in the way they ran their operations, including the way they made payments. Through these services companies were, and still are, able to automatically ingest payments into their system, giving their employees the ability to access everything they need from the comfort of home.

ACH Payments allow for:

  • Direct Deposit:
    • This service allows your businesses to stop issuing paper payroll checks to your employees and pay them electronically with direct deposit. 
  • Electronic Debits & Credits:
    • These are B2B payments to vendors and suppliers and B2C payments by consumers of recurring bills like:
      • A mortgage housing payments
      • Insurance premiums 
      • Utility bills 
      • Club membership dues

The National Automated Clearing House Association (NACHA) reports that same-day ACH usage went up just over 88% from Q1 2020 to Q1 2021, reaching $187.6 billion from $80.5 the year prior. 


It’s Time to Stop Overlooking ACH Processing:

Before the Covid-19 Pandemic, ACH processing was oftentimes overlooked. At Florida Capital Bank, we recognize that most businesses are accustomed to accepting payments in three ways, including:

  • Check
  • Cash
  • Card 

ACH processing allows you to debit your customer’s bank account directly for payment for your goods and or services. ACH payment, particularly same-day ACH, can be automated and made simpler from start to finish. This is done through:

  • Safer Payments:
    • When customers make an ACH payment, it processes through a secure system that is encrypted, leaving your customer’s credentials protected and your business’s profits safeguarded.
  • Convenience
    • ACH is commonly used in direct deposits for payroll, recurring payments to service providers, such as utilities, as well as B2B (business-to-business) transactions.
  • Security
    • ACH payments are processed through a secure and encrypted system, leaving your customer’s credentials protected — and your business’s profits safeguarded.


Identifying if ACH Processing Right For You With FLCBank:

At Florida Capital Bank, we are proud to bring the bank to you! One of the ways we can do that is through our ACH Processing Services.

Some of the factors to consider when identifying if ACH Payments are right for you are:

  • You have recurring billing customers
  • Operate a subscription-based business
  • Accept a lot of paper checks
  • process B2B transactions

We encourage you to reach out to Chris Macarages at 904-472-2778 to see if ACH Payments are right for your business.