ACH payments are a fast, inexpensive and reliable means of electronic funds transfer.  The ACH network has been one among the safest way of making payments since its inception over 35 years ago.During the past year, the news has reported breaches of corporate and government accounts by..

Electronic Funds Transfer ACH NetworkElectronic funds transfer (EFT) systems such as the ACH network, allow payments to be automatically debited and credited between bank accounts. ACH stands for Automated Clearing House. Since it began operations in the early 1970s the ACH network has been an..

The Federal Reserve has a new service beginning August 2nd called FedACH SameDay that permits same day settlement for certain ACH transactions.  This is the first significant change the Fed has made in settlement times for the ACH network in 37 years.Banks can opt in as either originating or..

Merchants that accept electronic checks realize significant advantages:Increase sales.  Providing multiple payment options results in a sales lift for each from each option.  When a merchant offers electronic checks in addition to cards, sales increase up to 29%.Decrease processing costs...

For billiers, ACH payments improve cash flow predictability, builds consumer loyalty, and saves time and money.For consumers, ACH payments are a convenient way to pay bills & simplify financial management.Top Facts About ACH for Bill PaymentsACH payments are the electronic transfer of a payment..

Accepting payments online is a huge money saver for property managers. An internet ACH electronic check payment is very inexpensive.  Particularly when compared to processing a paper check.Consider this.  Even if a company scans a paper check for electronic deposit via remote deposit capture,..