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 admin | Oct 7, 2011 | eCommerce
Electronic checks are, essentially, paper checks in an electronic format. Instead of relinquishing an actual paper check, a customer can instead provide the information from the check. The information is processed electronically and the transaction is complete....
by admin | Apr 12, 2011 | eCommerce
What is an echeck? With the rise of online industry, many companies and consumers are turning to newer, electronic forms of payment. The echeck is one of these forms. An echeck is a simple way to electronically transfer funds from your account to the payee’s...