The growth of ACH payments for electronic bill payment continues.  As paper check writing declines, ACH payments are on the rise.NACHA released its report for Q4 2011 ACH transactions.  WEB entry classifications for online bill payments rose 6.9% to 685.9 million transactions, compared to 641.5..

Same Day Settlements Approved Yet Few Banks ParticipateFederal Reserve same day settlement for ACH transactions has been available for over a year.  However, very few banks have chosen to participate, making it extremely difficult for merchants to take advantage of quicker clearing of ACH..

ACH Processing for Electronic Funds TransferACH payments and wire transfers are the most commonly used methods of transferring funds electronically within the United States.Wire transfers are best suited for high dollar transfers must which must be sent or received quickly, within the same day or..

Pricing for ACH ProcessingThis article discusses the elements that are considered when setting rates for ACH processing. Rates for ACH payment processing are based on three main factors. Industry ClassificationMonthly Processing VolumesCustomer AuthorizationHigh Risk vs. Standard RiskCompanies..

What are ACH Payments?For over 40 years, ACH payments have been used for electronic funds transfer in the US. The ACH network began mainly as a way to pay large number of people with direct deposits from the federal government for benefit payments (such as Social Security) and for corporate..

Fewer Banks Accept High Risk MerchantsBank ratings continue to be downgraded in response to the economic conditions.  In turn, the banks are taking a closer list at risk in merchant portfolios.The banks are trying to control potential losses.  Whether or not the perceived potential losses are..