by TScholl | May 12, 2016 | ACH Processing, Checks, Electronic Payments, Industry Changes
Same Day ACH Causing Fears for Some Banks. The adoption of same day ACH or Automated Clearing House payments is an important as well as timely innovation in the payments industry, allowing for faster transactions, quicker bill payments, and speedy access...
by TScholl | Jan 28, 2016 | ACH Processing, Checks, Electronic Payments
The Paper Check is on its Last Leg as the Electronic Check Takes Over! You can pretty much say that the paper check’s days were numbered since October 28th 2003. On that date, the Check 21 Act was passed and it came into effect a year later in 2004. Before...
by TScholl | Oct 22, 2015 | ACH Processing, Checks, Electronic Payments
ACH, Paper Checks, eChecks, Electronic Payments? Confused Yet? The terms “ACH” and “eChecks” are mentioned quite a bit in electronic payment circles. They have lead to some confusion in what they really mean. Is there a difference...
by TScholl | Oct 14, 2015 | ACH Processing, Checks, Electronic Payments
Businesses Must Ditch Paper Checks to Save BIG on Transaction Costs. The high costs of check transactions are prompting finance professionals to steer away from paper checks for a majority of their business transactions. Recent research from the...
by TScholl | Sep 17, 2015 | ACH Processing, Checks, Credit Card Processing, eCommerce, Electronic Payments
Set up Your Business to Receive Payments, the Right Way! Do you have a Checklist to Setup My Business to Receive Payments the Right Way? Over the many years that I have been in the Payments Industry, many new business owners have asked me this question. Well, here is...
by TScholl | Aug 20, 2015 | ACH Processing, Checks, Credit Card Processing, eCommerce, Electronic Payments
Best Ways to Accept Payments From Your Customers When it comes to finding a solution for accepting payments from your customers, it is important to consider the type of your business and the way you conduct business operations. For example, are you a...