ACH Blog

Posted by admin on Sep 06, 2013
ACH Payment Returns

When a payment is made through the ACH Network, funds from the customer’s bank account are not immediately set aside to cover the transaction. Because the ACH system processes transactions in batches rather than “real time”, funds do not clear through the Federal Reserve..

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Posted by admin on Aug 02, 2013
Applying for an ACH or Check 21 Processing Account

What is an Echeck Account?Echecks are the most popular alternative payment method for US consumers. Millions of Americans regularly purchase goods & services with electronic checks rather than cards.An echeck account gives you the ability to accept checks online.  Or accept check by phone,..

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Posted by admin on Dec 07, 2012
ACH, ACH credits, ACH debits, ACH processing, ACH payments

The ACH Network is an electronic payment processing platform through which monies and payment-related data flows.  The network is a safe, secure, method for transferring  consumer, business, and government payments.  Billions of dollars are processed annually through ACH, including direct..

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Posted by admin on Sep 30, 2012
echecks, electronic checks, accept checks online,

Electronic Checks Increase Sales for Online PharmaciesOnline pharmacies provide an important service to consumers that do not have health insurance or cannot afford to pay the high cost of medicine in their own countries.  For years, consumers were able to buy pharmaceutical products with both..

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Posted by admin on May 22, 2012
International ACH Transactions Increased Demand but Slow Implementation

Reasons International ACH Transactions are LaggingTwo years after the passage of the International ACH Transaction (IAT) code, most businesses are not using the service due to three main reasons:Complying with the IAT rules is an added expense.  These days, businesses are focused on decreasing..

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Posted by admin on Apr 17, 2012
ACH Payment Statistics Prove Power of Electronic Funds Transfers

ACH Volumes Continue to RiseAccording to NACHA, there were 20.2 billion ACH transactions totaling $33.91 trillion processed in 2011.  This represents an increase of 4.35% compared to 2010.Three types of transactions were responsible for most of the growth volume.  First are “native”..

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