ACH Blog

Posted by admin on Sep 24, 2009

What are Direct Payments?Direct payment is the term used for paying bills electronically through the ACH payments network. Direct Payment goes by many names, including automatic bill payment, automatic debit, electronic bill payment, or direct debit.Billers use direct payments for both one-time or..

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Posted by admin on Jul 27, 2009

PayItGreen was formed by NACHA as an education resource. The mission of the organization is to show the environmental benefits of paying bills and issuing payroll electronically rather than with paper.One of the most helpful parts of the site is calculators where businesses and consumers can track..

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Posted by admin on Jul 22, 2009

The US Federal Reserve Banks announced plans for financial institutions to clear and settle certain automated clearing house (ACH) transactions in one day. This will be the first material change to the settlement schedules for the Federal Reserve in 35 years.The recent action was caused by the..

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