Authorization for Online ACH ProcessingACH payment processing authorization is required with specific language that authorizes a merchant to process an electronic payment ACH debit transaction on behalf of the consumer. This provides a sample ACH authorization and confirmation for merchants that..

According to report from the Mobile Marketing Association and Luth Research , 17% of adults in the US use mobile banking.  The report predicts that by the end of 2010, this number will increase to 22%, representing a 30% year-over-year rise in mobile banking users.Other findings from the report..

Internet bill payments via ACH payment processing continue to grow while paper checks declined during third quarter 2009.  According to NACHA , transactions of WEB e-checks for ACH online bill payments, totaled 562.6 million, up 7.6% from 522.9 million in 2008’s third quarter.The accounts..

Electronic payment processing is continuing to expand within utility companies as more consumers are paying bills electronically rather than writing paper checks. ACH payments have long been popular for utility bill payments. ACH is a low cost method of accepting payments for utility..

Paper checks for ongoing consumer expenses such as rent, mortgage, utilities, and taxes are rapidly being replaced by electronic payment processing. Consumers expect to be able to pay bills online. Companies that to offer electronic payment options to their customers satisfy customer demand while..

According to researcher Mercator Advisory Group, the load volume on open-loop, also called general-purpose or network branded, prepaid cards will surpass load volume on closed-loop cards by 2012.In its sixth annual prepaid card Mercator said users loaded $187.2 billion onto closed-loop cards last..