To setup an ACH Debit payment, complete the Authorization for ACH Debits form. Transactions (Part 1) The Transactions option includes all the functions relating to Purchases,.Electronic check processing is an online payment option for businesses to collect from customers. Learn more about eChecks from the PaySimple blog. To accept payment cards from customers, departments at The Ohio State University need to set up a merchant account through the Treasurer's Office. Welcome to OHFA's resource center for lenders. We are pleased to partner with a network of lenders to provide homebuyer products throughout the state of Ohio. Read on to learn about the different types of electronic payments, their pros and cons, and what you can do to optimize your payments mix. An online payment system lets businesses accept various online payment options like credit cards, mobile pay, and direct debit. Here's how to implement it.