Based in California, Allied Wallet, a leader in online payment processing, was founded in 2002. Serving over 150 million global users, Allied Wallet offers clients a range of services such as credit card processing, eWallet, and ACH payment services.

1. What is an ACH Network?
Allied Wallet

2. Introduction
• Based in California, Allied Wallet, a leader in online
payment processing, was founded in 2002. Serving over
150 million global users, Allied Wallet offers clients a
range of services such as credit card processing, eWallet,
and ACH payment services.
One of the world’s biggest, most secure and most reliable
payment systems, the ACH (automated clearing house)
network is a batch system by which institutions collect
financial transactions and then process them
electronically all at one time. Each year it moves tens of
trillions of dollars, over 90 percent of the total dollar
value of all electronic payments.

3. ACH Network
• There are two types of ACH: direct deposits and
direct payments. ACH direct deposits involve
transactions for government benefits, payroll,
tax refunds, and interest payments. Direct
payment using ACH allows companies and
individuals to make payments for goods or
services. Processed as either an ACH debit (for
reoccurring payments) or as an ACH credit (for
one-time payments), the transactions typically
settle within one business day.