ACH

“From our perspective at ramp, like We are in the business of optimizing and speeding up the workflows of our customers, and I, in many ways, like, I couldn't care less whether that runs on TACH rails or the card rails or the stable cord rails.”

“We spent so much time in the early years building our whole financial infrastructure from the ground up, like down to the way we talk to MasterCard, down to the way we move money on ACH, down to the way we do, you know, global money movements, settlements, eff…”

“And on the payment side, we'd be like, we'll just cut you a check. So we didn't force people to connect their vendors, but then we did incentives from a pricing perspective, a check was A dollar 49 or whatever, a dollar 69 a day, and an ACH was 29 cents. So th…”

“In the U S it's a little bit different, but for larger accounts, we need ACH. If I'm just doing credit card, probably I'm going to lose those customers, you know.”