Use Secure ACH for Supplier Payments and Get Money Back

Pay your go-to suppliers with Premium ACH, instead of check. It costs you nothing, and you’ll even get money back.

Pay with Premium ACH, a Quick, Secure & Trusted Payment Type

Add Premium ACH payments to your mix to maximize electronic payments adoption

Similar to ACH, But Better

Premium ACH works like regular ACH. The money is debited directly from your bank accounts and is sent to your vendors within days. It’s far faster than paper checks and incredibly secure.

But, Premium ACH also generates money back. Suppliers pay a small transaction fee and a portion of that fee is returned to you as a rebate.

Thousands of suppliers across the US accept virtual cards through Vyteo AP Payments Software.

Many of your vendors already accept Premium ACH payments, through our partnership with Paymode-X.

Fewer Checks Are Around the Corner

Getting suppliers to kick the check habit is often easier with Premium ACH than with other payment methods. That’s because suppliers know ACH and are willing to pay a little for it. In fact, many have already “opted-in” to receive their funds through Premium ACH, thanks to our partnership with Paymode-X.

Premium ACH payments are issued over the secure Paymode-X network, where $300 billion has been processed with 0 instances of fraud. It’s a key benefit of Vyteo teaming up with Paymode-X and Bottomline.

Earn cash rebates with Vyteo virtual cards

We’ll take care of onboarding your suppliers to Premium ACH

Quick Supplier Set Up

You won’t have to contact suppliers or convince them to accept Premium ACH. Vyteo will reach out to your suppliers and explain all the benefits of this payment method, including easy-to-access remittance information, online visibility, and security.

Track ACH Payments Online

Both buyers and suppliers can view Premium ACH payments online in the VyteoConnect portal. They can also view the invoice associated with each payment. Suppliers get full remittance information.

Virtual Card and Straight Through Processing Make Payments More Secure

Use Premium ACH and Virtual Card for Double the Rebates

Realize more rebates by using Premium ACH alongside Vyteo Virtual Card. Both payment methods are widely accepted by vendors.

Virtual card payments are far less likely to be the target of fraud, representing only 3% of targeted payment fraud versus 66% for checks, per the AFP Payments Fraud & Control Survey.

Premium ACH Payment Method FAQ

What is Premium ACH?

Premium ACH is a payment method offered by both Vyteo and Vyteo's partner, Paymode-X. It's used to pay suppliers fast and securely via bank to bank transfer.

How do I sign up for Premium ACH?

After enrolling in VyteoPayments, buyers can choose Premium ACH as one of their supplier payment options.

Will I be charged for Premium ACH?

Buyers pay $0 for Premium ACH transactions. Suppliers pay a small transaction fee.

How do I know if my suppliers are accepting Premium ACH?

Prior to signing up for VyteoPayments, Vyteo will evaluate your spend and identify the best candidates for Premium ACH, specifically suppliers who currently get paid in paper checks. Once you are a VyteoPayments customer, you'll be able to see which suppliers are receiving Premium ACH in the Vyteo platform.

Will Vyteo switch my suppliers from Vyteo Virtual Card to Premium ACH?

No. Any suppliers on Vyteo Virtual Card will remain on Vyteo Virtual Card. Suppliers who are eligible for Premium ACH are those who receive checks (at this time).

Will my suppliers raise rates to participate in Premium ACH?

While we’ve heard of some rare instances of suppliers raising rates, we know it’s not a widespread practice. Most suppliers simply consider Premium ACH fees a good investment because payments are faster and secure.

Are Premium ACH payments secure?

Yes. Premium ACH is a payment method used and trusted by hundreds of thousands of suppliers already. It uses the secure Paymode-X network, where $300 billion has been processed with 0 instances of fraud.