Paybis, a pioneer in providing a simple to use crypto purchasing platform, has introduced a new feature allowing US customers to instantly buy popular cryptocurrencies using ACH bank transfers. 

This provides a fast and convenient option for purchasing coins like Bitcoin, Ethereum, and more directly from a bank account.
 

ACH stands for Automated Clearing House, and is an electronic network used by banks and financial institutions in the United States to process payments and money transfers.

ACH bank transfers allow funds to be deposited or withdrawn directly from a bank account. This method has traditionally been used for things like direct deposit paychecks and online bill payments.

The ACH network connects Paybis customers to more than 3,000 banks throughout the US. Major banking partners include Chase, Bank of America, Citizens Bank, Wells Fargo, TD Bank, and many more.

With Paybis' integration, US customers can now quickly and seamlessly link their bank account to fund crypto purchases. 
 
 

In the past, buying crypto with a bank account often meant enduring slow wire transfers that could take over a week.

Paybis' ACH transfers flip the script, making the entire process nearly instant.

Here's how easy it is:

1. Create an account on Paybis and verify your identity. This quick KYC process unlocks all of Paybis' features.
2. From the dashboard, select your desired cryptocurrency and enter the amount you want to buy.
3. Choose ACH bank transfer as the payment method and link your U.S. checking account.

The whole process only takes a few minutes, with the ACH purchase and transfer happening rapidly after linking your bank account. The result is crypto funds available to trade or withdraw almost immediately.
 

One of the major benefits of using ACH transfers over traditional wire transfers for crypto is the drastically reduced fees.

Wire transfers at most major banks and financial institutions cost $10-$50 or more per transaction. Some banks charge flat fees while others charge a percentage, but either way these costs add up, especially for larger transfers.

In addition to the wire transfer fees, users have to consider the network costs of sending crypto from the exchange to an external wallet. Bitcoin transaction fees fluctuate but are rarely less than $1-$2. For Ethereum gas prices, fees can easily be $10 or more.  All these wire transfer fees and network costs add up quickly.

Paybis circumvents this by charging low fees with as little as a $5 order requirement, making it a very affordable way for US customers to enter the crypto market. Newcomers can get their first Bitcoin or Ethereum without worrying about all the extra costs associated with previous deposit methods. The streamlined process also avoids new user confusion and frustration.
 

Paybis adding ACH transfers is a major step forward in making cryptocurrency investing more accessible to mainstream consumers

In the past, the two main options for buying crypto were wire transfers or linking a credit card. Both of these present issues… Wire transfers are slow, expensive, and confusing for crypto newcomers, as we detailed above. Meanwhile, many major credit card issuers outright restrict cryptocurrency purchases or have very low purchase limits. 

By offering instant ACH purchases directly from a bank account, Paybis provides the ideal solution. Now users can bypass sluggish wire transfers and purchase Bitcoin, Ethereum, Litecoin, etc. as fast as any other online purchase. There's no need for credit cards that charge cash advance fees and high interest.

As cryptocurrency gains mass appeal worldwide, options like ACH that seamlessly on-ramp users directly from a bank account are necessary. Ready to buy crypto in minutes? Sign up for a Paybis account to access ACH transfers and start purchasing coins seamlessly today.