by TScholl | Jul 23, 2015 | ACH Processing, Industry Changes
Same Day ACH Rolling Out in Phases in 2016, 2017, and 2018 At the moment, most ACH (Automated Clearing House) payments are settled on the next business day. There are many scenarios where businesses and consumers could benefit from same day ACH...
by TScholl | Jul 9, 2015 | ACH Processing
Merchants Can Reduce Payment Processing Costs by Using eChecks (ACH) Instead of Debit Cards. There has been a significant change in the way we used to make payments, with the introduction of new ways to pay bills, from paper checks to ACH and eChecks to credit...
by TScholl | May 22, 2015 | ACH Processing, Credit Card Processing, eCommerce
A Brief Introduction to Electronic Payment Systems As a small business owner (who may be selling online too), it
by TScholl | May 20, 2015 | ACH Processing, Credit Card Processing, Electronic Payments, Industry Changes
Where is the Electronic Payments Industry Headed? The $5 trillion payments industry is growing at a fast pace. With the technological evolution, there has been a significant rise in online payments, allowing customers to pay anywhere anytime. Judging by the pace at...
by TScholl | Dec 13, 2013 | ACH Processing, Checks, Industry Changes
Remotely created checks may be banned soon because of high cases of fraud The Federal Trade Commission wants to ban some payment methods that are being used by legitimate telemarketers as well as fraudsters. The FTC is doing so because of high rates of fraud involving...
by admin | Jun 8, 2011 | ACH Processing
A customer can pay a merchant for a purchase in many different ways. Credit cards, debit cards, gift cards, checks, electronic checks, money orders, and of course, cash are ways you can pay for goods and services. As technology advances, more traditional payment...