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..
Three words can describe the direct response marketing industry - quick, measurable, and effective. Businesses across the country have always applied some form of direct response to attract and quickly convert viewers into buyers. Traditionally, this meant short-term sales and exclusive deals..
The success of any lending operation hinges on the ability to recover the loan. Across the nation, millions of people and businesses are borrowing cash to supplement their income or augment working capital. A base of nearly 10 to 12 million Americans rely on short-term borrowing every year. The..
These days, the new same day ACH (Automated Clearing House) rule is making the rounds. With this rule, merchants can receive funds as quickly as within 0 to 1 business days. However, before we go into the nitty gritty of same day ACH debits, let us learn about ACH as to what it is and how it..
Consumers and businesses are used to getting what they want when they want it. Your groceries get delivered the same-day and you can summon an Uber in minutes. Payments, however, still tend to take a while. Even in 2016, the quickest way to get your money from one bank to the other is to withdraw..
If you’re looking for an alternative payment method to offer your customers, you may be considering using ACH payments.Electronic payments are becoming increasingly popular among consumers and merchants alike. Old fashioned paper checks are on the decline. Yet, electronic check processing..