🏦 What Are ACH Payments?

An Automated Clearing House (ACH) is a computer-based electronic network used to process low-value, domestic transactions between participating U.S. financial institutions. It supports:

✅ Credit transfers (push payments)
✅ Direct debits (pull payments)

ACH is batch-based, meaning payments are processed in groups, making it cost-effective and ideal for recurring or low-value payments.

🌍 Supported Countries

ACH processing is available only in the United States (all 50 states).

🔁 How ACH Works

ACH payments pass through multiple status stages as they move through the clearing process.

ACH Status	Meaning
`Pending`	Initial status after the customer initiates an ACH payment.
`Batched`	ACH system has started processing the transfer. Customer will typically see funds leave their bank account. Errors (like insufficient funds) may appear shortly after.
`Settled`	Transaction was successful and funds have been released. Happens T+3 business days after batching.
`Failed`	The ACH transfer was rejected after batching by the network due to issues like insufficient funds or invalid account details.

📆 When Do ACH Payments Settle?

ACH payments settle after T+3 business days from batching.

Example: If a customer initiates a payment on Friday afternoon, and there's a holiday Monday, the transaction may not settle until Thursday.

This delay may lead to confusion since funds are not immediately available in the customer’s wallet.

🚧 ACH Settlement Delay

ACH payments take 3 business days to settle.
Approvely does not release credits, USDC, or initiate transfers until the ACH has fully cleared to prevent fraud.

🔒 ACH with Saved Bank Accounts

Users' bank accounts are stored securely for faster repeat purchases, improving convenience and conversion rates.

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PCI-Compliant:
Coinflow never stores bank data directly on our servers. All sensitive info is tokenized and managed via secure, compliant partners.